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Specific Human Capital as a Source of Superior Team PerformanceEgon P. FranckUniversity of Zurich - Department of Business Administration (IBW) Stephan NüeschUniversity of Zurich - Department of Business Administration (IBW) Jan PieperUniversity of Zurich November 10, 2009 Schmalenbach Business Review, Vol. 69, pp. 376-392, 2011 Abstract: In this paper, we empirically investigate the performance effect of team-specific human capital in highly interactive teams. Based on the tenets of the resource-based view of the firm and on the ideas of typical learning functions, we hypothesize that team members’ shared experience in working together positively impacts team performance, but at diminishing rates. Holding a team’s stock of general human capital and other potential drivers constant, we find support for this prediction. Implications concerning investment decisions into human capital as well as the transferability of our findings to other contexts are discussed.
Number of Pages in PDF File: 25 Accepted Paper SeriesDate posted: November 17, 2010 ; Last revised: October 25, 2011Suggested CitationContact Information
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