Human Capital, Social Capital, and Firm Dissolution
This study examines the effect of human and social capital upon firm dissolution with data from a population of Dutch accounting firms for the period 1880-1990. Human capital was captured by firm-level proxies for firm tenure, industry experience, and graduate education. The social capital proxy was...
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| Veröffentlicht in: | Academy of Management journal 1998-08, Vol.41 (4), p.425-440 |
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| creator | Pennings, Johannes M. Lee, Kyungmook Witteloostuijn, Arjen Van |
| description | This study examines the effect of human and social capital upon firm dissolution with data from a population of Dutch accounting firms for the period 1880-1990. Human capital was captured by firm-level proxies for firm tenure, industry experience, and graduate education. The social capital proxy was professionals' ties to potential clients. Human and social capital strongly predicted firm dissolution, and effects depended on their specificity and nonappropriability. Findings suggest integration of the resource-based view of the firm and organizational ecology and a concomitant stimulation for future research along these lines. |
| doi_str_mv | 10.5465/257082 |
| format | Article |
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| fulltext | fulltext |
| identifier | ISSN: 0001-4273 |
| ispartof | Academy of Management journal, 1998-08, Vol.41 (4), p.425-440 |
| issn | 0001-4273 0000-1427 1948-0989 |
| language | eng |
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| source | Business Source Complete (BSC) 商管财经类全文数据库(完整版); Alma/SFX Local Collection; Periodicals Index Online |
| subjects | Accounting firms Human capital Hypotheses Liquidation Organizational behavior Professional education Professionals Service industries Social capital Social responsibility Studies Tenure |
| title | Human Capital, Social Capital, and Firm Dissolution |
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