Edited by Anthony J. Nyberg and Thomas P. Moliterno
Chapter 8: Specific human capital: a matching perspective
Human capital consists of sets or bundles of general knowledge, skills, abilities, and other attributes (KSAOs). When KSAO sets are aligned with an organization’s production technology, specific human capital emerges. Alignment is achieved through matching activities. Specificity is a necessary but insufficient condition for firm-specificity: Uniqueness, labor market frictions, matching capabilities, and luck may lead to quasi firm-specific human capital. Quasi firm-specific human capital potentially leads to sustained competitive advantage; but the conversion is bound to assumptions, and is less likely to occur than often assumed.
You are not authenticated to view the full text of this chapter or article.
Elgaronline requires a subscription or purchase to access the full text of books or journals. Please login through your library system or with your personal username and password on the homepage.
Non-subscribers can freely search the site, view abstracts/ extracts and download selected front matter and introductory chapters for personal use.
Your library may not have purchased all subject areas. If you are authenticated and think you should have access to this title, please contact your librarian.