Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/26287
Authors: 
Oshima, Atsushi
Ravikumar, B.
Riezman, Raymond
Year of Publication: 
2008
Series/Report no.: 
CESifo working paper 2242
Abstract: 
We view the entrepreneur as an agent who possesses human capital in the form of specific skills or talents. When she starts a firm, her human capital is essential to the firm and it has substantial private value. The entrepreneur transforms her human capital over time into what we call organization capital'. This organization capital can be sold as part of the firm, so the dynamic process of transforming specific human capital into organization capital means that the value of the firm increases over time.
Subjects: 
organization capital
entrepreneur
JEL: 
L26
D92
Document Type: 
Working Paper

Files in This Item:
File
Size
241.45 kB





Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.