Organizational Capital and Firm Performance: Empirical Evidence for European Firms

Tronconi, Claudia; Vittucci Marzetti, Giuseppe

doi:10.2139/ssrn.1505974

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Organizational Capital and Firm Performance: Empirical Evidence for European Firms

9 Pages Posted: 15 Nov 2009 Last revised: 29 Nov 2009

See all articles by Claudia Tronconi

Claudia Tronconi

University of Bologna - Department of Economics

Giuseppe Vittucci Marzetti

University of Milano-Bicocca - Department of Sociology and Social Research

Date Written: November 25, 2009

Abstract

The paper assesses the impact of Organizational Capital (OC) on firm performance for a sample of European firms. OC is proxied by capitalizing an income statement item (SGA expenses). A rationale for this methodology is provided. The model is estimated in levels and first differences, and with different specifications (Cobb-Douglas and translog). Results are robust and show the strong effect of OC on firm performance.

Keywords: Intangibles, Knowledge-based resources, Organizational capital, R&D, Translog

JEL Classification: C210, D240, D290, L200

Suggested Citation: Suggested Citation

Tronconi, Claudia and Vittucci Marzetti, Giuseppe, Organizational Capital and Firm Performance: Empirical Evidence for European Firms (November 25, 2009). Available at SSRN: https://ssrn.com/abstract=1505974 or http://dx.doi.org/10.2139/ssrn.1505974