Interdisciplinary context of human capital study. Research program

About the authors:

Vladimir A. Davydenko, Dr. Sci. (Soc.), Professor, Head of the Research Center, University of Tyumen; v.a.davydenko@utmn.ru; ORCID: 0000-0001-8389-4254

Elena V. Andrianova, Cand. Sci. (Soc.), Head of Department of General and Economic Sociology, Institute of Finance and Economics, University of Tyumen; Senior Researcher, West-Siberian Branch of the Federal Research Sociological Center of the Russian Academy of Sciences (Tyumen); e.v.andrianova@utmn.ru; ORCID: 0000-0002-7769-9206

Gulnara F. Romashkina, Dr. Sci. (Soc.), Professor, Department of Economic Security, System Analysis and Control, University of Tyumen, Tyumen, Russia, g.f.romashkina@utmn.ru, https://orcid.org/0000-0002-7764-5566, Scopus Author ID: 16437113600, WoS ResearcherID: O-7221-2017

Roman R. Khuziakhmetov, Junior Researcher of the Research Center, Institute of Finance and Economics, University of Tyumen; r_o_m_a_n_14@mail.ru; ORCID: 0000-0003-0850-4716

Abstract:

The contemporary academic literature starts to recognize the importance of an individual in an organization, region, and national economy performance. Scholars try to explore the essence of interconnection between various forms of capital, institutional environment, and values. Hence, this article’s relevance is determined by the need to study the mechanisms of human capital and socio-economic achievements interrelation.
Human capital originates from knowledge, skills, abilities, and others characteristics of a person. It is not limited by a single individual, since, on the unit level, it becomes a resource through association and complementarity. The obtained combinations of human capital are complex, and almost all of them are specific to a particular organization. Therefore, the authors argue that competitive advantage is achieved mainly through a unique combination of human capital resources.
This article presents the key conceptual provisions of the polyparadigm research program of human capital phenomenon. The novelty of the article is determined, firstly, by a detailed description of human capital components, and secondly, by a proposal to implement the idea of interdisciplinary research. The authors have developed and tested a methodology that will allow for a comprehensive modular measurement of human capital, as well as for modeling and evaluating its impact on economic performance of micro-, meso-, and macro-entities in the context of economy digitalization.
The analysis base includes philosophical approaches, system analysis, social theories, sociology (including mathematical sociology), psychology, and economics. Systematization and typologization of scientific sources makes it possible to form a wide range of models of multilevel human capital and its resources. Moreover, the authors propose to initiate an interdisciplinary discussion, aimed at increasing the openness and productivity of research in this field.

References:

1. Aganbegyan A. G. 2017. “Human capital and its main component — the ‘knowledge economy’ sphere as the main source of socio-economic growth”. Economic Strategies, no 3, pp. 66-79. [In Russian]

2. Aivasian S. A., Afanasiev M. Yu. 2012. “The models for company’s human capital estimation, based on the concept of stochastic frontier”. Economics and Mathematical Methods, vol. 48, no 3, pp. 45-63. [In Russian]

3. Davydenko V. A., Romashkina G. F., Andrianova E. V., Lazutina D. V. 2018. “Metaphor for trust: the ‘Umbrella Effect’ in global science”. Economic and Social Changes: Facts, Trends, Forecast, vol. 11, no 6, pp. 127-142. [In Russian]

4. Biryukova S. S., Vishnevskiy A. G., Gimpelson V. E. et al. 2018. How to Increase the Human Capital and Its Contribution to the Economic and Social Development: Abstracts. Moscow: Higher School of Economics. [In Russian]

5. Karelin I. N., Koritskiy A. V. 2015. “Estimated parameters of Hall–Jones scale with human capital based on Russian data”. Vestnik NSUEM, no 1, pp. 102-113. [In Russian]

6. Ketova K.V., Romanovsky Yu. M., Rusiak I. G. 2019. “Mathematical modeling of the human capital dynamic”. Computer Research and Modeling, vol. 11, no 2, pp. 329-342. DOI: 10.20537/2076-7633-2019-11-2-329-342 [In Russian]

7. Nureyev R. M. 2008. Development Economics: Models of the Market Economy Formation and Modernization. Moscow: Norma. [In Russian]

8. Radaev V. M. 2002. “Term of capital, forms of capitals and their conversion”. Economic Sociology, no 4, pp. 20-33. [In Russian]

9. Tikhonova N. E. 2006. “Resources approach as a new paradigm in stratification studies”. Sociological Studies, no 9, pp. 28-40. [In Russian]

10. Tikhonova N. E. 2007. Social Stratification in Modern Russia: Experience of Empirical Analysis. Moscow: Institute of Sociology RAS. [In Russian]

11. Bobylev S. N., Grigoriev L. M. (eds.). 2018. Person and Innovations. Report on the Human Development in the Russian Federation. Moscow: Analytical Centre under the Government of the Russian Federation. [In Russian]

12. Smirnov V. T., Soshnikov I. V., Romanchin V. I., Skoblyakova I. V. 2005. Human Capital: Content and Types, Estimation and Stimulation. Edited by V. T. Smirnov. Moscow: Mashinostroenie-1; Orel: Orel State Technical University. [In Russian]

13. Shkaratan O. I. 2009. Socio-Economic Inequality and Its Reproduction in Modern Russia. Moscow: OLMA Media Grupp. [In Russian]

14. Barney J., Felin T. 2013. “What are micro-foundations?”. Academy of Management Perspectives, no 27, pp. 120-137.

15. Barth R. 2007. “Overview: sixty years in anthropology”. Annual Review of Anthropology, no 36, pp. 1-16.

16. Becker G. S. 1964. Human Capital. 3^rd edition. Chicago: University of Chicago Press.

17. Bontis N. 1999. “Managing organizational knowledge by diagnosing intellectual capital: framing and advancing the state of the field”. International Journal of Technology Management, vol. 18, no 5/6/7/8; Bontis N., Crossan M., Hulland J. 2002. “Managing an organizational learning system by aligning stocks and flows”. Journal of Management Studies, no 4, June, pp. 437-469.

18. Caldwell B. 2005. Hayek’s Challenge: An Intellectual Biography of F. A. Hayek. Chicago: University of Chicago Press.

19. Campbell B., Coff R., Kryscynski D. 2010. “Rethinking sustained competitive advantage from human capital”. Academy of Management Review, no 37, pp. 376-395.

20. Caselly F., Aghion P., Durlauf N. 2005. “Accounting for cross-country income differences”. In: Handbook of Economic Growth. Amsterdam: Elsevier. https://personal.lse.ac.uk/casellif/papers/handbook.pdf

21. Chen Y.-Y., Huang H.-L. 2012. “Knowledge management fit and its implications for business performance: a profile deviation analysis”. Knowledge-Based Systems, no 27, pp. 262-270.

22. Coff R., Kryscynski D. 2011. “Drilling for micro-foundations of human capital-based competitive advantages”. Journal of Management, no 37, pp. 1429-1443.

23. Coleman J. 1990. Foundations of Social Theory. Cambridge, Massachusetts: Belknap Press of Harvard University Press.

24. Coleman J. 1988. “Social capital in the creation of human capital”. American Journal of Sociology, vol. 94, pp. S95-S120.

25. Crook T. R., Todd S. Y., Combs J. G., Woehr D. J., Ketchen D. J. Jr. 2011. “Does human capital matter? A meta-analysis of the relationship between human capital and firm performance”. Journal of Applied Psychology, no 96, pp. 443-456.

26. DiMaggio P. J., Powell W. W. 1991. “Introduction”. In: DiMaggio P. J., Powell W. W. (eds.). The New Institutionalism in Organizational Analysis, pp. 1-38. Chicago: University of Chicago Press.

27. Edvinsson L., Sullivan P. 1996. “Developing a model for managing intellectual capital”. European Management Journal, vol. 14, no 4, pp. 356-364.

28. Felin T., Foss N. 2011. “The endogenous origins of experience, routines and capabilities: the poverty of stimulus”. Journal of Institutional Economics, no 7, pp. 231-256.

29. Felin T., Hesterly W. 2007. “The knowledge-based view, nested heterogeneity, and new value creation: philosophical considerations on the locus of knowledge”. Academy of Management Review, no 32, pp. 195-218.

30. Gavetti G., Greve H., Levinthal D., Ocasio W. 2012. “Toward a behavioral theory of strategy”. Organization Science, vol. 23, no 1, pp. 267-285.

31. Gennaioli N., Porta R. L., de Silanes F. L., Shleifer A. 2013. “Human capital and regional development”. Quarterly Journal of Economics, vol. 128, no 1, pp. 105-164.

32. Greve H. 2013. “Micro-foundations of management: behavioral strategies and levels of rationality in organizational action”. Academy of Management Perspectives, vol. 27, no 2. https://journals.aom.org/doi/10.5465/amp.2012.0091

33. Anderson N., Ones D. S., Sinangil H. K., Viswesvaran C. (eds.). 2005. Handbook of Industrial, Work and Organizational Psychology. Vol. 1. Personnel Psychology. Vol. 2. Organizational Psychology. London; Thousand Oaks; New Delhi: SAGE Publications. http://www.maorhan.com/wp-content/uploads/2014/11/0761964886-Psychology-Volume-1.pdf; http://www.maorhan.com/wp-content/uploads/2014/11/Handbook_of_Industrial_Work_and_Organizational_Psy...

34. Hann C., Hart K. 2011. Economic Anthropology. Cambridge, UK: Polity Press.

35. Harper D. A., Lewis D. A. 2012. “New perspectives on emergence in economics”. Journal of Economic Behavior & Organization, vol. 82, no. 2-3, pp. 329-337.

36. Harris C. M., Wright P. M., McMahan G. C. 2019. “The emergence of human capital: roles of social capital and coordination that drive unit performance”. Human Resource Management Journal, no 2, pp. 162-180.

37. Helfat C. E. et al. 2009. Dynamic Capabilities: Understanding Strategic Change in Organizations. New York: John Wiley & Sons. https://epdf.pub/dynamic-capabilities-understanding-strategic-change-in-organizations.html

38. Hitt M. A., Biermant L., Shimizu K., Kochhar R. 2001. “Direct and moderating effects of human capital on strategy and performance in professional service firms: a resource-based perspective”. Academy of Management Journal, vol. 44, no 1, pp. 13-28.

39. Hunter J. E., Schmidt F. L., Judiesch M. K. 1990. “Individual differences in output variability as a function of job complexity”. Journal of Applied Psychology, no 75, pp. 28-42.

40. Ingham J. 2007. Strategic Human Capital Management: Creating Value through People. Amsterdam: Butterworth-Heinemann.

41. Judge T. A., Cable D. M., Boudreau J. W., Bretz R. D. Jr. 1995. “An empirical investigation of the predictors of executive career success”. Personnel Psychology, vol. 48, no 3, pp. 485-519.

42. Maltarich M. A., Nyberg A. J., Reilly G. 2010. “A conceptual and empirical analysis of the cognitive ability voluntary turnover relationship”. Journal of Applied Psychology, no 95, pp. 1058-1070.

43. Molloy J. C., Ployhart R. E., Wrigh P. M. 2010. “The myth of ‘the’ micro-macro divide: bridging system- level and disciplinary divides”. Journal of Management, no 37, pp. 581-609. DOI: 10.1177/0149206310365000

44. Nonaka I. 1991. “The knowledge-creating company”. Harvard Business Review, vol. 69, no 6, pp. 96-104.

45. Nyberg A., Moliterno T., Hale D., Lepak D. 2014. “Resource-based perspectives on unit-level human capital: a review and integration”. Journal of Management. January, vol. 40, no 1, pp. 316-346.

46. Optner S. L. 1960. Systems Analysis for Business Management. Englewood Cliffs, N. J.: Prentice-Hall.

47. Ployhart R., Moliterno T. 2011. “Emergence of the human capital resource: a multilevel model”. Academy of Management Review, no 36, pp. 127-150.

48. Ployhart R. E., Nyberg A. J., Reilly G., Maltarich M. A. 2014. “Human capital is dead; long live human capital resources!”. Journal of Management, vol. 40, no 2, pp. 371-398.

49. Polanyi K. 1944. The Great Transformation: The Political and Economic Origins of Our Time. New York: Holt, Reinhardt & Winston.

50. Powell T. C., Lovallo D., Fox C. R. 2011. “Behavioral strategy”. Strategic Management Journal, vol. 32, pp. 1369-1386.

51. Raub W., Buskens V., Van Assen M. 2011. “Micro-macro links and micro-foundations in sociology”. Journal of Mathematical Sociology, no 35, pp. 1-25.

52. Rousseau D. M. 1985. “Issues of levels in organizational research: multi-level and cross-level”. In: Cummings L. L., Staw B. M. (еds.). Research in Organizational Behavior, vol. 7, pp. 1-37.

53. Sawyer R. K. 2001. “Emergence in sociology: contemporary philosophy of mind and some implications for sociology”. American Journal of Sociology, vol. 107, pp. 551-585.

54. Sawyer R. K. 2005. Social Emergence: Societies as Complex Systems. Cambridge, UK: Cambridge University Press.

55. Schaffer J. 2003. “Is there a fundamental level?”. Nous, no 37, pp. 498-517.

56. Sveiby K.-E. 2010. “Methods for measuring intangible assets”. Karl-Erik Sveiby’s Homepage. https://www.sveiby.com/files/pdf/intangiblemethods.pdf

57. Takeuchi R., Lepak D. P., Wang H., Takeuchi K. 2007. “An empirical examination of the mechanisms mediating between high-performance work systems and the performance of Japanese organizations”. Journal of Applied Psychology, vol. 92, no 4, pp. 1069-1089.

58. Teixeira E. de O., Werther W. B. 2013. “Resilience: continuous renewal of competitive advantages”. Business Horizons, vol. 56, no 3, pp. 333-342.

59. Van Gigch J. P. 1978. Applied General Systems Theory. Harpercollins College Div.

60. Wright P. M., McMahan G. C. 2011. “Exploring human capital: putting ‘human’ back into strategic human resource management”. Human Resource Management Journal, vol. 21, no 2, pp. 93-104.