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Core employee based human capital and revenue productivity in small firms: An empirical investigation

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  • Chowdhury, Sanjib
  • Schulz, Eric
  • Milner, Morgan
  • Van De Voort, David

Abstract

The human capital of a firm, as manifested by the experience and education of its workforce, represents a key resource that improves firm productivity. The current study proposes that task-specific experience is a significant organizational resource for small firms seeking productivity. Utilizing objective data from 1572 core-employees representing 100 small firms in two different industries, this study examines how two types of experience (task-specific and firm-specific) interact with education to influence firm productivity. Results show that the relationship between task-specific experience and productivity is stronger in firms with higher levels of core employee education than in firms with lower levels of core employee education.

Suggested Citation

  • Chowdhury, Sanjib & Schulz, Eric & Milner, Morgan & Van De Voort, David, 2014. "Core employee based human capital and revenue productivity in small firms: An empirical investigation," Journal of Business Research, Elsevier, vol. 67(11), pages 2473-2479.
    • Handle: RePEc:eee:jbrese:v:67:y:2014:i:11:p:2473-2479
    DOI: 10.1016/j.jbusres.2014.03.007
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