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Measuring Capital in the New Economy$
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Carol Corrado, John Haltiwanger, and Daniel Sichel

Print publication date: 2005

Print ISBN-13: 9780226116129

Published to Chicago Scholarship Online: February 2013

DOI: 10.7208/chicago/9780226116174.001.0001

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Measuring Organizational Capital in the New Economy

Measuring Organizational Capital in the New Economy

(p.205) 6 Measuring Organizational Capital in the New Economy
Measuring Capital in the New Economy

Sandra E. Black

Lisa M. Lynch

University of Chicago Press

This chapter examines the measure of organizational capital in relation to human capital. It discusses recent related findings that the returns from the adoption of advanced technologies are improved by the adoption of state-of-the-art human resource practices. This chapter explains the three broad components of organizational capital which include workforce training, employee voice and work design, and explains the important links and synergies between each of these categories that contribute to the overall value of organizational capital within a firm.

Keywords:   organizational capital, human capital, advanced technologies, human resource practices, workforce training, employee voice, work design

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