On Human Capital Formation with Exit Options: Comment and New Results Katz and Rapoport (2005) conclude that with linear production technology and the possibility of unilateral migration, region-specific shocks may increase the average level of education. Previously, Poutvaara (2000) derived a corresponding result with Cobb-Douglas technology and migration which may go in both directions. This ...

social capital as a resource that may be used by individuals, groups and communities to achieve the desired results is considered. social capital is the concept that in many cases by social analysts used to describe a wide range of social processes and helps to understand why some people groups and social classes to the political, economic and social achieve more positive than others, are to be...

in recent years, coinciding with the progress of research in the field of knowledge management and emphasis on the integrating processes of knowledge creation and sharing, global corporations working patterns change and new structures in them emerged.one of such structures, communities of practice that to form the fundamental with previous forms (working groups and working teams) is different.c...

The purpose of this paper is to critically assess the utilization of boundaryless careers in organizations through the lens of how they impact the formation and deployment of organizational social capital. We build a model of the positive and negative effects of boundaryless careers on social capital formation by proposing a more nuanced picture of boundaryless careers. We divide boundaryless c...

Some advocates of far higher capital requirements for banks invoke the Modigliani-Miller theorem as grounds for judging that associated costs would be minimal. The M&M theorem holds that the average cost of capital to the firm is independent of capital structure, because any reduction in capital cost from switching to higher leverage using lowercost debt is exactly offset by an induced increase...

This study explores the impact of Social Network Sites (SNSs) usage on the formation of online bridging and bonding social capital, and the relationship between online and offline social capital. It is hypothesized that use of SNSs forms online social capital and online and offline social capital are positively correlated. A Chinese SNS, Renren, is studied specifically. Social capital scales an...

This paper examines how amenities, asset indicators, and fiscal factors influence the growth in factors of production from 1972 to 1999 in the 466 non-metropolitan labor market areas in the continental United States. In developing our model of non-metropolitan factor markets, we combine the emphasis of Brown et al. (2003) on the affect of taxes and public expenditure policy on labor and capital...

A significant gap exists in early-stage seed capital for technology-based new ventures. This article reports the results of a survey of embryonic firms in the southwestern United States, which received significant amounts of their initial capital from strategic partners. Our concern in this paper is the resource development process of high-growth (technology-intensive), early-stage firms throug...