Human capital and sustainable competitive advantage: an analysis of the relationship between training and performance |
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Authors: | Ignacio Danvila del Valle Miguel Angel Sastre Castillo |
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Institution: | (1) Centro Universitario Villanueva, Universidad Complutense de Madrid, Madrid, Spain;(2) Universidad Complutense de Madrid, Madrid, Spain;(3) Instituto Tecnológico Autónomo de México, Mexico City, Mexico |
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Abstract: | This article analyses the importance of training as a creator of human capital, which enables a company to obtain competitive
advantages that are sustainable in the long-term that result in greater profitability. The study is based on the general theoretical
framework of resource and capacity theory. The study not only analyses the impact of the influence of training on performance;
it also attempts to analyse the nature of such a relationship in greater depth. This being the case, an attempt has been made
to measure explanatory capacity from two different perspectives: the universalistic approach and the contingent approach.
At the outset, two hypotheses are formulated that attempt to quantify the relationship from a universalistic perspective to
later, in two more hypotheses, incorporate the potential moderating effect of the strategy into the model, in order to verify
whether or not this strategy improves the explanatory power of our model of analysis.
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Keywords: | Training Human capital Competitive advantage Intangibles Strategic human resources management |
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