Oxford Handbook of Human Capital
2 March 2011 at 11:10 am Peter G. Klein 3 comments
| Peter Klein |
I just received a copy of the Oxford Handbook of Human Capital, edited by Alan Burton-Jones and J.-C. Spender, and it looks terrific. The concept of “human capital” came from developments in macroeconomics and labor economics (and, it is often forgotten, entrepreneurship) but is increasingly influential in organization and strategy research. (Witness, for example, the new SMS Strategic Human Capital Interest Group.) These Handbook chapters “reveal the importance of human capital for contemporary organizations, exploring its conceptual underpinnings, relevance to theories of the firm, implications for organizational effectiveness, interdependencies with other resources, and role in the future economy,” says the cover blurb. O&M readers may especially like the section on “Human Capital and the Firm,” with chapters on TCE (by Foss), agency theory (Spender), the RBV (Jeroen Kraaijenbrink), entrepreneurship and the theory of the firm (Brian Loasby), and the knowledge-based theory of the firm (Georg von Krogh and Martin Wallin). Check it out!
Entry filed under: - Klein -, Entrepreneurship, Management Theory, Recommended Reading, Strategic Management, Theory of the Firm.
Organizations and Markets 
1.
RussCoff | 3 March 2011 at 1:33 pm
Agreed, with the possible exception of my chapter, the volume is very impressive ;-)
2.
Peter Klein | 3 March 2011 at 2:20 pm
Russ, I liked your chapter best, but didn’t want to offend the other authors by saying so. (Note to other authors: I also liked your chapters best!)
3.
Nijma | 5 March 2011 at 3:27 pm
I believe Senator Voinovich was the first to use the term “human capital”.
http://hsgac.senate.gov/public/index.cfm?FuseAction=Files.View&FileStore_id=19fabe06-b755-4afa-a5d0-d56400b42a32