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Specific Human Capital as a Source of Superior Team Performance

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  • Egon Franck

    ()
    (Institute for Strategy and Business Economics, University of Zurich)

  • Stephan Nüesch

    ()
    (Institute for Strategy and Business Economics, University of Zurich)

  • Jan Pieper

    ()
    (Institute for Strategy and Business Economics, University of Zurich)

Abstract

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.

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File URL: http://repec.business.uzh.ch/RePEc/iso/ISU_WPS/113_ISU_full.pdf
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Bibliographic Info

Paper provided by University of Zurich, Institute for Strategy and Business Economics (ISU) in its series Working Papers with number 0113.

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Length: 36 pages
Date of creation: 2009
Date of revision:
Handle: RePEc:iso:wpaper:0113

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