Aims and research questions
Resource-based view (Teece 2007) states that productivity differences between firms can be explained by the firms’ resources and capabilities, where the emphasis is on intangible assets. Structural change in developed economies has reduced the role of manufacturing production and intangibles have gained even larger role for growth. Widespread is the understanding that the organisational and human capital play crucial role for productivity growth (Corrado et al. 2009). However, the exact mechanisms and processes underlying this capital are still vague and need to be studied further (Crook et al. 2008). WP3 aims to clarify the relationships between the elements of organisational and human capital individually and in conjunction to firm productivity.
The following research questions are addressed:
- How are elements of organisational capital related to firm productivity?
- How are firm-specific human capital and relations related to firm productivity?
- How important are complementarities of intangible assets in explaining firm productivity?
School of Economics and Business Administration
University of Tartu
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