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Management and Human Capital Employment: an overlooked Relationship

Author

Listed:
  • Marcelo Serra Santos

    (CeBER)

  • Susana Garrido Azevedo

    (Univ of Coimbra, CeBER, Faculty of Economics)

  • Tiago Neves Sequeira

    (University of Coimbra, Centre for Business and Economics,CeBER and Faculty of Economics)

Abstract

We look at data for Management and Skills demand of firms in existing databases and we highlight the strong positive relationship between both variables. We devise a model that explains this relationship and calibrate it in order to present quantitative results and compare those results with the estimated ones. We discover that a simple model with Management as Technology can replicate well the estimated influence of Management in the skills demand of firms. We also present evidence of the influence of the subitems of Management on skills’ demand and discovered that aside from the talent component of Management, target and performance components greatly influence the demand for skills.

Suggested Citation

  • Marcelo Serra Santos & Susana Garrido Azevedo & Tiago Neves Sequeira, 2023. "Management and Human Capital Employment: an overlooked Relationship," CeBER Working Papers 2023-01, Centre for Business and Economics Research (CeBER), University of Coimbra.
    • Handle: RePEc:gmf:papers:2023-01
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    Keywords

    management practices; productivity; human capital;
    All these keywords.

    JEL classification:

    • L2 - Industrial Organization - - Firm Objectives, Organization, and Behavior
    • M2 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Economics
    • M5 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Personnel Economics
    • O32 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Management of Technological Innovation and R&D
    • O33 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Technological Change: Choices and Consequences; Diffusion Processes
    • O34 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Intellectual Property and Intellectual Capital

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