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Specific Human Capital as a Source of Superior Team Performance

Author

Listed:
  • Egon Franck

    (Institute for Strategy and Business Economics, University of Zurich)

  • Stephan Nüesch

    (Institute for Strategy and Business Economics, University of Zurich)

  • Jan Pieper

    (Institute for Strategy and Business Economics, University of Zurich)

Abstract
In this paper, we empirically investigate the performance effect of team-specific human capital in highly interactive teams. Based on the tenets of the resource-based view of the firm and on the ideas of typical learning functions, we hypothesize that team members’ shared experience in working together positively impacts team performance, but at diminishing rates. Holding a team’s stock of general human capital and other potential drivers constant, we find support for this prediction. Implications concerning investment decisions into human capital as well as the transferability of our findings to other contexts are discussed.

Suggested Citation

  • Egon Franck & Stephan Nüesch & Jan Pieper, 2009. "Specific Human Capital as a Source of Superior Team Performance," Working Papers 0030, University of Zurich, Center for Research in Sports Administration (CRSA).
    • Handle: RePEc:rsd:wpaper:0030
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    References listed on IDEAS

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    Cited by:

    1. Besters, Lucas, 2018. "Economics of professional football," Other publications TiSEM d9e6b9b7-a17b-4665-9cca-1, Tilburg University, School of Economics and Management.
    2. Bernd Frick & Rob Simmons, 2014. "The footballers’ labour market after the Bosman ruling," Chapters, in: John Goddard & Peter Sloane (ed.), Handbook on the Economics of Professional Football, chapter 13, pages 203-226, Edward Elgar Publishing.
    3. Karol Kempa, 2022. "Task-specific human capital and returns to specialization: evidence from association football [All about balance? A test of the jack-of-all-trades theory using military enlistment data]," Oxford Economic Papers, Oxford University Press, vol. 74(1), pages 136-154.

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    JEL classification:

    • C12 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods and Methodology: General - - - Hypothesis Testing: General
    • C23 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Models with Panel Data; Spatio-temporal Models
    • M54 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Personnel Economics - - - Labor Management

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