The growth and decline of enterprises: Human capital and social capital perspectives

• Main Authors: Wei, Yu-Chen, 魏郁禎
• Other Authors: Lin, Yeh-Yun
• Format: Others
• Language: zh-TW
• Published: 2005
• Online Access: http://ndltd.ncl.edu.tw/handle/96148974376668951352

博士 === 國立政治大學 === 企業管理研究所 === 94 === Most previous researches in organizational ecology field focused on the relationships between external environment, organizational death, and foundings. Organizational decline studies are relatively undeveloped, especially from the perspectives of human capital and social capital. I extend the resource-based viewpoint and dynamic capability perspective to explain the relationship between environmental pressure and organizational decline. The purpose of this study is to test the model that examines the relationship between environmental factors, human capital, social capital, and decline, and the moderating effect based on a ten-year panel data collected in Taiwan. An unbalanced panel data consists of 3,634 firm years from 399 companies in Taiwan was utilized for data analyses. Research results indicate that environmental pressure significantly influences organizational decline variables. This study also finds that the higher human capital and social capital will reduce the effect of environmental factors on decline. However, some indicators of human capital and social capital do not predict outcome variables. Contrary to expectations, some predictors represent opposite results. Although some research results do not agree with previous findings, they do contribute the knowledge and understanding of these fields.