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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