Showing articles with tag: human capital
Innovation Investment and Labor Mobility: Employee Entrepreneurship from Corporate R&D
How does corporate research and development (R&D) investment affect employees? This paper examines the effect of R&D on employee retention and moves out of the firm. We are motivated by the importance of R&D to economic growth. In the process of generating new knowledge, technology, and skills, R&D is also…
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Fewer and Less Skilled? Human Capital, Competition, and Entrepreneurial Success in Manufacturing
Young firms are considered to be the engines of growth and dynamism in an economy and the United States has long been considered to be a nation of entrepreneurs with the best institutions for young firms to flourish. Recently however, there has been mounting anecdotal evidence and academic research to…
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Team Stability and Performance: Evidence from Private Equity
In the paper “Team Stability and Performance: Evidence from Private Equity”, we empirically study the effect of team stability on performance in a team production environment. The effect of team stability on organizations is ambiguous. Stability (or lower turnover) can induce individuals to invest in relationship specific (team specific) capital…
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