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Does Human Capital Matter? A Meta-Analysis of the Relationship Between Human Capital and Firm Performance

Overview of attention for article published in Journal of Applied Psychology, January 2011
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About this Attention Score

  • In the top 25% of all research outputs scored by Altmetric
  • High Attention Score compared to outputs of the same age (90th percentile)
  • Above-average Attention Score compared to outputs of the same age and source (64th percentile)

Mentioned by

policy
3 policy sources
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3 X users

Citations

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740 Dimensions

Readers on

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1656 Mendeley
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Title
Does Human Capital Matter? A Meta-Analysis of the Relationship Between Human Capital and Firm Performance
Published in
Journal of Applied Psychology, January 2011
DOI 10.1037/a0022147
Pubmed ID
Authors

T. Russell Crook, Samuel Y. Todd, James G. Combs, David J. Woehr, David J. Ketchen

Abstract

Theory at both the micro and macro level predicts that investments in superior human capital generate better firm-level performance. However, human capital takes time and money to develop or acquire, which potentially offsets its positive benefits. Indeed, extant tests appear equivocal regarding its impact. To clarify what is known, we meta-analyzed effects drawn from 66 studies of the human capital-firm performance relationship and investigated 3 moderators suggested by resource-based theory. We found that human capital relates strongly to performance, especially when the human capital in question is not readily tradable in labor markets and when researchers use operational performance measures that are not subject to profit appropriation. Our results suggest that managers should invest in programs that increase and retain firm-specific human capital.

X Demographics

X Demographics

The data shown below were collected from the profiles of 3 X users who shared this research output. Click here to find out more about how the information was compiled.
Mendeley readers

Mendeley readers

The data shown below were compiled from readership statistics for 1,656 Mendeley readers of this research output. Click here to see the associated Mendeley record.

Geographical breakdown

Country Count As %
United States 13 <1%
United Kingdom 9 <1%
Malaysia 7 <1%
Germany 5 <1%
Netherlands 3 <1%
Canada 3 <1%
Australia 3 <1%
Pakistan 1 <1%
Hong Kong 1 <1%
Other 15 <1%
Unknown 1596 96%

Demographic breakdown

Readers by professional status Count As %
Student > Ph. D. Student 365 22%
Student > Master 279 17%
Student > Doctoral Student 174 11%
Student > Bachelor 102 6%
Researcher 81 5%
Other 304 18%
Unknown 351 21%
Readers by discipline Count As %
Business, Management and Accounting 728 44%
Economics, Econometrics and Finance 139 8%
Social Sciences 123 7%
Psychology 121 7%
Engineering 30 2%
Other 130 8%
Unknown 385 23%
Attention Score in Context

Attention Score in Context

This research output has an Altmetric Attention Score of 11. This is our high-level measure of the quality and quantity of online attention that it has received. This Attention Score, as well as the ranking and number of research outputs shown below, was calculated when the research output was last mentioned on 22 January 2021.
All research outputs
#3,263,248
of 25,727,480 outputs
Outputs from Journal of Applied Psychology
#902
of 3,383 outputs
Outputs of similar age
#19,059
of 192,527 outputs
Outputs of similar age from Journal of Applied Psychology
#23
of 65 outputs
Altmetric has tracked 25,727,480 research outputs across all sources so far. Compared to these this one has done well and is in the 87th percentile: it's in the top 25% of all research outputs ever tracked by Altmetric.
So far Altmetric has tracked 3,383 research outputs from this source. They typically receive a lot more attention than average, with a mean Attention Score of 20.2. This one has gotten more attention than average, scoring higher than 73% of its peers.
Older research outputs will score higher simply because they've had more time to accumulate mentions. To account for age we can compare this Altmetric Attention Score to the 192,527 tracked outputs that were published within six weeks on either side of this one in any source. This one has done particularly well, scoring higher than 90% of its contemporaries.
We're also able to compare this research output to 65 others from the same source and published within six weeks on either side of this one. This one has gotten more attention than average, scoring higher than 64% of its contemporaries.