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Effects Of Human Capital On The Growth And Survival Of Swedish Businesses

  • Backman, Mikaela

    ()

    (Jönköping International Business School, & Centre of Excellence for Science and Innovation Studies (CESIS))

  • Gabe, Todd

    (University of Maine)

  • Mellander, Charlotta

    ()

    (Jönköping International Business School, & Centre of Excellence for Science and Innovation Studies (CESIS))

This paper examines the effects of human capital on the growth and survival of a large sample of Swedish businesses. Human capital is represented by conventional measures of the educational attainment and experience of an establishment’s workers, and skills-based measures of the types of occupations present in the company. Controlling for an establishment’s size and age, as well as its industry and region of location, we find that the human capital embodied in a company’s workers significantly affects its performance. The specific effects, however, depend on how human capital is measured and whether the analysis focuses on growth or survival.

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Paper provided by Royal Institute of Technology, CESIS - Centre of Excellence for Science and Innovation Studies in its series Working Paper Series in Economics and Institutions of Innovation with number 354.

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Length: 26 pages
Date of creation: 25 Mar 2014
Handle: RePEc:hhs:cesisp:0354
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CESIS - Centre of Excellence for Science and Innovation Studies, Royal Institute of Technology, SE-100 44 Stockholm, Sweden

Phone: +46 8 790 95 63
Web page: http://www.infra.kth.se/cesis/

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