Human capital, social capital, and firm dissolution

Article Abstract:

This study examined the effect of human and social capital upon firm dissolution with data from a population of Dutch accounting firms for the period 1880-1990. Human capital was captured by firm-level proxies for firm tenure, industry experience, and graduate education. The social capital proxy was professionals' ties to potential clients. Human and social capital strongly predicted firm dissolution, and effects depended on their specificity (uniqueness) and nonappropriability (the ownership status of that capital). Findings suggest an integration of the resource-based view of the firm and organizational ecology and a concomitant stimulant for future research along these lines. (Reprinted by permission of the publisher.)

Accounting, auditing, & bookkeeping, Accounting & Auditing Services, Accounting, Tax Preparation, Bookkeeping, and Payroll Services, Infrastructure (Economics), Client development, Accounting firms, Accounting services, Human capital, Liquidation

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Strategies for intra-firm transfers and outside sourcing

Article Abstract:

A study of the motivations underlying strategic business units' (SBUs') decisions to purchase or procure goods from either outside or internal sources using the PIMS database found some support for two general hypotheses. First, SBUs are most likely to procure from or sell to other SBUs in the same firm within environments of relative competitive stability and demand certainty. Second, SBUs engage in intrafirm transfers under other conditions.

Purchasing, Vertical integration, Strategic aspects

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The influence of intellectual capital on the types of innovative capabilities

Article Abstract:

It is examined how the aspects of intellectual capital influenced various innovative capabilities in organizations. A longitudinal, multiple-informant study of 93 organizations reveals that human, organizational, and social capital and their interrelationships selectively influenced incremental and radical innovative capabilities.

United States, Analysis, Organizational change, Organizational research

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