Human capital, social capital, and firm dissolution

被引:397
作者
Pennings, JM [1 ]
Lee, KM
van Witteloostuijn, A
机构
[1] Univ Penn, Philadelphia, PA 19104 USA
[2] Seoul Natl Univ, Seoul 151, South Korea
[3] Maastricht Univ, Maastricht, Netherlands
关键词
D O I
10.5465/257082
中图分类号
F [经济];
学科分类号
02 ;
摘要
This study examined the effect of human and social capital upon firm dissolution with data ham a population of Dutch accounting firms for the period 1880-1990. Human capital was captured by firm-level proxies for firm tenure, industry experience, and graduate education. The social capital proxy was professionals' ties to potential clients.. Human and social capital strongly predicted firm dissolution, and effects depended an their specificity (uniqueness) and nonappropriability (the ownership status of that capital). Findings suggest an integration of the resource-based view of the firm and organizational ecology and a concomitant stimulant for future research along these lines.
引用
收藏
页码:425 / 440
页数:16
相关论文
共 33 条
[1]  
Allison P., 1995, SURVIVAL ANAL USING
[2]  
Allison P. D., 1982, SOCIOL METHODOL, V13, P61, DOI [DOI 10.2307/270718, https://doi.org/10.2307/270718]
[3]  
[Anonymous], CO FINANCIAL REPORTI
[4]  
[Anonymous], 1994, COMPETITIVE ADVANTAG
[5]  
Arrow K., 1973, Journal of Public Economics, V2, P193, DOI DOI 10.1016/0047-2727(73)90013-3
[6]   ENTREPRENEUR HUMAN-CAPITAL INPUTS AND SMALL BUSINESS LONGEVITY [J].
BATES, T .
REVIEW OF ECONOMICS AND STATISTICS, 1990, 72 (04) :551-559
[7]  
Becker G., 1964, Human Capitol
[8]  
Blau P. M., 1977, INEQUALITY HETEROGEN
[9]   CEO locus of control and small firm performance: An integrative framework and empirical test [J].
Boone, C ;
deBrabander, B ;
vanWitteloostuijn, A .
JOURNAL OF MANAGEMENT STUDIES, 1996, 33 (05) :667-699
[10]   SURVIVAL CHANCES OF NEWLY FOUNDED BUSINESS ORGANIZATIONS [J].
BRUDERL, J ;
PREISENDORFER, P ;
ZIEGLER, R .
AMERICAN SOCIOLOGICAL REVIEW, 1992, 57 (02) :227-242