By Meir Russ (eds.)
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Extra resources for Management, Valuation, and Risk for Human Capital and Human Assets: Building the Foundation for a Multi-Disciplinary, Multi-Level Theory
HRM is deﬁned “as the area of management in which the relationships between people and their organizational context are studied” (Brewster & Larsen, 2000, p. 4). In this chapter, the term human capital is used to denote the management of team members involved in the project. The choice of this construct reﬂects a wish to move away from traditional deﬁnitions of HC to provide a more holistic approach to the management of human capital—team members—enrolled within projects. Adopting this approach is particularly relevant for a study of project-based organizations, because they are horizontal, ﬂexible, and decentralized organizational forms (Whitley, 2006).
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