DIRECT AND MODERATING EFFECTS OF HUMAN CAPITAL ON STRATEGY AND PERFORMANCE IN PROFESSIONAL SERVICE FIRMS: A RESOURCE-BASED PERSPECTIVE. Academic Article uri icon

abstract

  • 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.

published proceedings

  • Academy of Management Journal

author list (cited authors)

  • Hitt, M. A., Biermant, L., Shimizu, K., & Kochhar, R.

citation count

  • 836

complete list of authors

  • Hitt, MA||Biermant, L||Shimizu, K||Kochhar, R

publication date

  • February 2001