Specific Human Capital as a Source of Superior Team Performance

Schmalenbach Business Review, Vol. 63, pp. 376-392, October 2011

17 Pages Posted: 23 Jan 2012

See all articles by Egon P. Franck

Egon P. Franck

University of Zurich - Department of Business Administration (IBW)

Stephan Nüesch

University of Muenster

Jan Pieper

University of Zurich

Date Written: October 15, 2011

Abstract

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 have a positive effect on team performance, but at diminishing rates. When we hold constant a team’s stock of general human capital and other potential drivers, we find support for this prediction. We also discuss the implications concerning investment decisions into human capital as well as the transferability of our findings to other contexts.

Keywords: Human Capital, Learning, Resouce-Based View of the Firm, Team Performance

JEL Classification: C12, C23, M54

Suggested Citation

Franck, Egon P. and Nüesch, Stephan and Pieper, Jan, Specific Human Capital as a Source of Superior Team Performance (October 15, 2011). Schmalenbach Business Review, Vol. 63, pp. 376-392, October 2011, Available at SSRN: https://ssrn.com/abstract=1989879

Egon P. Franck (Contact Author)

University of Zurich - Department of Business Administration (IBW) ( email )

Plattenstrasse 14
Zurich 8032
Switzerland
+41 1 634 28 45 (Phone)

Stephan Nüesch

University of Muenster ( email )

Schlossplatz 2
Muenster, D-48149
Germany

HOME PAGE: http://www.wiwi.uni-muenster.de/uf

Jan Pieper

University of Zurich ( email )

Rämistrasse 71
Zürich, CH-8006
Switzerland

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