The Oxford Handbook of Human Capital

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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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Product Details

  • ISBN-13: 9780199532162
  • Publisher: Oxford University Press
  • Publication date: 4/8/2011
  • Series: Oxford Handbooks Series
  • Pages: 752
  • Product dimensions: 7.10 (w) x 9.60 (h) x 1.80 (d)

Meet the Author

Alan Burton-Jones heads an international management consultancy practice headquartered in Australia and is a senior visiting lecturer at New South Wales, Griffith and Bond Universities. His academic research focuses on the role of knowledge in organizations and the links between strategy, intellectual resources and organizational effectiveness. He is the author of Knowledge Capitalism: Business, Work and Learning in the New Economy (Oxford University Press, (1999) (Nikkei 2002) and his writings have also been published in a number of leading international journals. He contributed to the Australian government report on the knowledge-based economy in APEC countries (DISR 2000) ,the first national Knowledge Management Framework published by Standards Australia and the establishment of the Asia-Pacific Learning and Knowledge Management Council (pan-Pacific industry forum).

J.-C. Spender served in experimental submarines in the Royal Navy, then studied engineering at Oxford (Balliol), worked as a nuclear submarine reactor engineer with Rolls-Royce & Associates, a sales manager with IBM (UK), a consultant with Decision Technology International (Boston), and an investment banker with Slater-Walker Securities. His PhD thesis (Manchester Business School) won the Academy of Management's 1980 A.T. Kearney PhD Research Prize, later published as Industry Recipes (Blackwell, 1989). He served on the faculty at City University, London, York University, Toronto, UCLA, and Rutgers. He was Dean of the School of Business and Technology at SUNY/FIT before retiring in 2003. He now researches, writes, and lectures on organization theory, strategy and knowledge management in the USA, Canada, and Europe, with Visiting Professor appointments at Lund University, ESADE, Cranfield, Leeds, and Open Universities.

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Table of Contents

Part I: The Nature of Human Capital
1. An Economic Perspective on the Notion of Human Capital, Margaret M. Blair
2. A Social Perspective: Exploring the Links between Human Capital and Social Capital, Janine Nahapiet
3. Culture Capital and Cosmopolitan Human Capital: the Impact of the Global Mindset and Organizational Routines on Cultural Intelligence and International Experiences, Kok-Yee Ng, Mei Ling Tan and Soon Ang
4. Cognition and Human Capital: The Dynamic Interrelationship between Knowledge and Behaviour, Rhett Brymer, Michael A. Hitt, and Mario Schijven
5. Critical Perspective: Reflections on the Nature and Scope of the Concept of Capital and its Extension to Intangibles - a Capital-Based Approach to the Firm, Peter Lewin
Part II: Human Capital and the Firm
6. Human Capital and Transaction Cost Economics, Nicolai J. Foss
7. Human Capital and Agency Theory, J.-C. Spender
8. Human Capital in the Resource-based View, Jeroen Kraaijenbrink
9. Human Capital, Entrepreneurship and the Theory of the Firm, Brian J. Loasby
10. Human Capital and the Knowledge-based Theory of the Firm, Georg von Krogh, and Martin W. Wallin
Part III: Human Capital and Organizational Effectiveness
11. Human Capital, HR Strategy and Organizational Effectiveness, Peter Boxall
12. How Organizations obtain the Human Capital they need, Monika Hamori, Rocio Bonet, and Peter Cappelli
13. Aligning Human Capital with Organizational Needs, David Lepak, Riki Takeuchi, and Juani Swart
14. Maximizing Value from Human Capital, Russell Coff
15. Accounting for Human Capital and Organizational Effectiveness, Robin Kramar, Vijaya Murthy and James Guthrie
Part IV: Human Capital Interdependencies
16. Interdependencies between People in Organizations, Robert M. Grant and James C. Hayton
17. Interdependencies between Human and Structural Capital, David O'Donnell
18. The Distributed and Dynamic Dimensions of Human Capital, Ikujiro Nonaka, Ryoko Toyoma, and Vesa Peltokorpi
19. Human Capital and the Organization-Accommodation Relationship, Jacqueline C. Vischer
20. Interdependencies between People and Information Systems in Organizations, Alan Burton-Jones and Andrew Burton-Jones
Part V: Human Capital in the Future Economy
21. Human Capital, Capabilities and the Firm: Literati, Numerati, and Entrepreneurs in the 21st Century Enterprise, David J. Teece
22. Looking to the Future: Bringing Organizations Deeper into Human Capital Theory, Peter D. Sherer
23. Human Capital Formation Regimes: States, Markets and Human Capital in an Era of Globalisation, Sean O Riain
24. Supporting Human Capital in Developing Countries: The Significance of the Asian Experience, Thomas Clarke
25. The Future of Human Capital: An Employment Relations Perspective, Thomas A. Kochan and Adam Seth Litwin

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