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date: 17 September 2021

Abstract and Keywords

This article examines interdependencies among people in organizations as a critical aspect of human capital (HC) that organizations must leverage. Its primary focus is organizations which serve some economic purpose; that is, they use HC in order to produce goods or services which are then supplied to outside individuals and organizations. The article takes the perspective that HC is closely bound up with social capital, and that the benefits which organizations are able to appropriate from HC are equally dependent on their ability to encourage the functional interdependence of individuals. From this perspective, HC is more than simply the aggregation of individuals' skills and knowledge. It must also take account of the complementarities among individuals' abilities that allow individuals to perform beyond their perceived limits and permit human skills to be integrated into organizational capabilities.

Keywords: human capital, organizations, social capital, human skills, organizational capabilities

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