Measuring Organizational Capital in the New Economy

Sandra E. Black and Lisa M. Lynch

in Measuring Capital in the New Economy

Published by University of Chicago Press

Published in print October 2005 | ISBN: 9780226116129
Published online February 2013 | e-ISBN: 9780226116174 | DOI:
Measuring Organizational Capital in the New Economy

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This chapter examines the measure of organizational capital in relation to human capital. It discusses recent related findings that the returns from the adoption of advanced technologies are improved by the adoption of state-of-the-art human resource practices. This chapter explains the three broad components of organizational capital which include workforce training, employee voice and work design, and explains the important links and synergies between each of these categories that contribute to the overall value of organizational capital within a firm.

Keywords: organizational capital; human capital; advanced technologies; human resource practices; workforce training; employee voice; work design

Chapter.  11853 words. 

Subjects: Econometrics and Mathematical Economics

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