Macroeconomic research on human capital - the stock of human
capabilities and knowledge - has been extensively published but to
date the literature has lacked a comprehensive analysis of human
capital within the organization. The Oxford Handbook of Human
Capital has been designed to fill that gap, providing an
authoritative, inter-disciplinary, and up to date survey of
relevant concepts, research areas, and applications. Specially
commissioned contributions from over 40 authors 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. Unlike neoclassical macroeconomic concepts of human
capital, human capital in organizations is shown to be dynamic and
heterogeneous, requiring new theories and management frameworks.
The systemic role of human capital is explored, revealing it as the
lynchpin of social, structural and other forms of intangible and
tangible capital. Connections between human capital and
organizational performance are investigated from HR management,
procurement, alignment, value appropriation, and accounting
perspectives. Links between micro and macro perspectives are
provided through analyses of inter firm human capital mobility,
national and regional human capital formation regimes and industry
employment relations practices. This Handbook is designed for
scholars and graduate students of organization and management
theory, strategy, entrepreneurship, knowledge and intellectual
capital, accounting, IT, HR, IR, economic sociology and cultural
studies. For policy makers and practitioners it should provide an
up to date guide to the nature and role of human capital in
contemporary organizations and the roles that government, industry
and other extra firm institutions can play in facilitating its
development.
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