Perceived Firm-Specific Human Capital and Turnover: Stuck in their Heads?

Drawing on human capital theory, strategy scholars have emphasized firm- specific human capital as a source of sustained competitive advantage. In addition to its role in value creation, FSHC is thought to limit rival imitation and rent appropriation by hindering employee mobility. However, recent research links employee perceptions of FSHC to lower organizational commitment and job satisfaction. Such workers may seem to be an unlikely source of...