DIRECT AND MODERATING EFFECTS OF HUMAN CAPITAL ON STRATEGY AND PERFORMANCE IN PROFESSIONAL SERVICE FIRMS: A RESOURCE-BASED PERSPECTIVE.
Прямые и модераторные эффекты человеческого капитала на стратегию и результаты деятельности профессиональных сервисных фирм: перспектива, основанная на ресурсах
2001-02-01
SCID: 54.1/9uc9uyms
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curvilinear U-shaped effecthuman capitalleveraging of human capitalresource-based viewstrategy-performance relationship
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Abstract (AI)
The current study examines the direct and moderating effects of human capital on professional service firm performance. The results show that human capital exhibits a curvilinear (U-shaped) effect and the leveraging of human capital a positive effect on performance. Furthermore, the results show that human capital moderates the relationship between strategy and firm performance, thereby supporting a resource-strategy contingency fit. The results contribute to knowledge on the resource-based view of the firm and the strategic importance of human capital.
Key Findings
1
Findings contribute to resource-based view literature by highlighting the strategic importance of human capital for professional service firms.
2
Human capital has a curvilinear (U-shaped) direct effect on professional service firm performance.
3
Human capital moderates the relationship between strategy and firm performance, supporting a resource-strategy contingency fit.
4
Leverage of human capital positively affects firm performance.
Research Object
Human capital in professional service firms
Research Subject
Direct (including curvilinear U-shaped) and moderating effects of human capital — and the leveraging of human capital — on firm strategy–performance relationship and overall firm performance
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2001-02-01
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