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Interrelationships between human capital and social capital in small and medium sized firms: The effect of age and sector of activity

Author

Listed:
  • J. Augusto Felicio

    (School of Economics and Management (ISEG), Technical University of Lisbon)

  • Eduardo Couto

    (School of Economics and Management (ISEG), Technical University of Lisbon)

  • Jorge Caiado

    (CEMAPRE, School of Economics and Management (ISEG), Technical University of Lisbon)

Abstract

This study explores the interconnection between human factors and social factors and analyses the relations influenced by the specific activity and age of firms. A statistical approach is implemented which applies factor analysis techniques, based on a sample of small and medium sized firms from four sectors of activity which are between four and fifteen years old, and are split into three time periods. It is found that there are interconnected groups of human capital and social capital factors, although a sizeable proportion of the literature conceptually separates these factors and deals with them individually. It is also ascertained that this relationship is influenced by the field of activity and the age of the firms.

Suggested Citation

  • J. Augusto Felicio & Eduardo Couto & Jorge Caiado, 2009. "Interrelationships between human capital and social capital in small and medium sized firms: The effect of age and sector of activity," CEMAPRE Working Papers 0905, Centre for Applied Mathematics and Economics (CEMAPRE), School of Economics and Management (ISEG), Technical University of Lisbon.
  • Handle: RePEc:cma:wpaper:0905
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    File URL: http://cemapre.iseg.utl.pt/archive/preprints/396.pdf
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    References listed on IDEAS

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    More about this item

    Keywords

    Entrepreneurship; Factor analysis; Human capital; Management; Social capital;

    JEL classification:

    • M10 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - General

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