Employee Incentives for Rent Generation: The Role of Risk to Core Resource Value

Employee Incentives for Rent Generation: The Role of Risk to Core Resource Value

The paper extends the resource-based view of the firm to analyze the incentives of a firm's employees to make specific human capital investments that help generate rents. It argues that these incentives are affected by the risk to the value of the firm's core resource, which is determined...

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Main Author: WANG, Heli C.
Format: text
Language:English
Published: Institutional Knowledge at Singapore Management University 2003
Subjects:
Incentives in industry
human capital
capital investments
risk exposure
rent (economic theory)
Strategic Management Policy
Online Access:https://ink.library.smu.edu.sg/lkcsb_research/3444
https://doi.org/10.5465/AMBPP.2003.13793254
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Institution: Singapore Management University
Language: English
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spelling sg-smu-ink.lkcsb_research-44432013-02-05T09:48:06Z Employee Incentives for Rent Generation: The Role of Risk to Core Resource Value WANG, Heli C. The paper extends the resource-based view of the firm to analyze the incentives of a firm's employees to make specific human capital investments that help generate rents. It argues that these incentives are affected by the risk to the value of the firm's core resource, which is determined by the factors in the product market where the resource is deployed. Furthermore, diversification based on the firm's core resource provides incentives for employees to specialize. 2003-08-01T07:00:00Z text https://ink.library.smu.edu.sg/lkcsb_research/3444 info:doi/10.5465/AMBPP.2003.13793254 https://doi.org/10.5465/AMBPP.2003.13793254 Research Collection Lee Kong Chian School Of Business eng Institutional Knowledge at Singapore Management University Incentives in industry human capital capital investments risk exposure rent (economic theory) Strategic Management Policy
institution Singapore Management University
building SMU Libraries
continent Asia
country Singapore
Singapore
content_provider SMU Libraries
collection InK@SMU
language English
topic Incentives in industry
human capital
capital investments
risk exposure
rent (economic theory)
Strategic Management Policy
spellingShingle Incentives in industry
human capital
capital investments
risk exposure
rent (economic theory)
Strategic Management Policy
WANG, Heli C.
Employee Incentives for Rent Generation: The Role of Risk to Core Resource Value
description The paper extends the resource-based view of the firm to analyze the incentives of a firm's employees to make specific human capital investments that help generate rents. It argues that these incentives are affected by the risk to the value of the firm's core resource, which is determined by the factors in the product market where the resource is deployed. Furthermore, diversification based on the firm's core resource provides incentives for employees to specialize.
format text
author WANG, Heli C.
author_facet WANG, Heli C.
author_sort WANG, Heli C.
title Employee Incentives for Rent Generation: The Role of Risk to Core Resource Value
title_short Employee Incentives for Rent Generation: The Role of Risk to Core Resource Value
title_full Employee Incentives for Rent Generation: The Role of Risk to Core Resource Value
title_fullStr Employee Incentives for Rent Generation: The Role of Risk to Core Resource Value
title_full_unstemmed Employee Incentives for Rent Generation: The Role of Risk to Core Resource Value
title_sort employee incentives for rent generation: the role of risk to core resource value
publisher Institutional Knowledge at Singapore Management University
publishDate 2003
url https://ink.library.smu.edu.sg/lkcsb_research/3444
https://doi.org/10.5465/AMBPP.2003.13793254
_version_ 1770571424549830656

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