Specific Human Capital as a Source of Superior Team Performance
Egon Franck (),
Stephan Nuesch () and
Jan Pieper ()
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Jan Pieper: Institute for Strategy and Business Economics, University of Zurich
No 30, Working Papers from University of Zurich, Center for Research in Sports Administration (CRSA)
In this paper, we empirically investigate the performance effect of team-specific human capital in highly interactive teams. Based on the tenets of the resource-based view of the firm and on the ideas of typical learning functions, we hypothesize that team members’ shared experience in working together positively impacts team performance, but at diminishing rates. Holding a team’s stock of general human capital and other potential drivers constant, we find support for this prediction. Implications concerning investment decisions into human capital as well as the transferability of our findings to other contexts are discussed.
Pages: 36 pages
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Journal Article: Specific Human Capital as a Source of Superior Team Performance (2011)
Working Paper: Specific Human Capital as a Source of Superior Team Performance (2009)
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Persistent link: https://EconPapers.repec.org/RePEc:rsd:wpaper:0030
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