Hiring Molecules, Not Atoms: Comobility and Wages

Published Online:https://doi.org/10.1287/orsc.2017.1155

References

  • Altonji J, Williams N (2005) Do wages rise with job seniority? A reassessment. ILR Rev. 58(3):370–397.CrossrefGoogle Scholar
  • Arthur M, Rousseau D (1996) The Boundaryless Career: A New Employment Principle for a New Organizational Era (Oxford University Press, Oxford, UK).CrossrefGoogle Scholar
  • Baker G, Gibbs M, Holmstrom B (1994) The wage policy of a firm. Quart. J. Econom. 109(4):921–955.CrossrefGoogle Scholar
  • Balconi M (2002) Tacitness, codification of technological knowledge and the organisation of industry. Res. Policy 31(3):357–379.CrossrefGoogle Scholar
  • Barley S, Kunda G (2006) Gurus, Hired Guns, and Warm Bodies: Itinerant Experts in a Knowledge Economy (Princeton University Press, Princeton, NJ).Google Scholar
  • Barmby T, Bryson A, Eberth B (2012) Human capital, matching and job satisfaction. Econom. Lett. 117(3):548–551.CrossrefGoogle Scholar
  • Bartunek J , Huang Z, Walsh I (2008) The development of a process model of collective turnover. Human Relations 61(1):5–38.CrossrefGoogle Scholar
  • Becker G (1962) Investment in human capital: A theoretical analysis. J. Political Econom. 70(5):9–49.CrossrefGoogle Scholar
  • Bidwell M (2011) Paying more to get less: The effects of external hiring versus internal mobility. Admin. Sci. Quart. 56(3):369–407.CrossrefGoogle Scholar
  • Bryant A (2016) BYOT. Accessed April 29, 2017, https://stripe.com/blog/bring-your-own-team.Google Scholar
  • Burks S, Cowgill B, Hoffman M, Housman M (2015) The value of hiring through employee referrals. Quart. J. Econom. 130(2):805–839.CrossrefGoogle Scholar
  • Campbell B, Saxton B, Banerjee P (2014) Resetting the shot clock: The effect of comobility on human capital. J. Management 40(2):531–556.CrossrefGoogle Scholar
  • Chillemi O, Gui B (1997) Team human capital and worker mobility. J. Labor Econom. 15(4):567–585.CrossrefGoogle Scholar
  • Coff R (1999) When competitive advantage doesn’t lead to performance: The resource-based view and stakeholder bargaining power. Organ. Sci. 10(2):119–133.LinkGoogle Scholar
  • Cohen S, Bailey D (1997) What makes teams work: Group effectiveness research from the shop floor to the executive suite. J. Management 23(3):239–290.CrossrefGoogle Scholar
  • Cooper D (2006) Are experienced managers experts at overcoming coordination failure. Adv. Econom. Anal. Policy 6(2):1–50.Google Scholar
  • Dahl M, Sorenson O (2010) The social attachment to place. Soc. Forces 89(2):633–658.CrossrefGoogle Scholar
  • Dierickx I, Cool K (1989) Asset stock accumulation and sustainability of competitive advantage. Management Sci. 35(12):1504–1511.LinkGoogle Scholar
  • Doeringer P, Piore M (1971) Internal Labor Markets and Manpower Adjustment (DC Heath and Company, New York).Google Scholar
  • Eisenhardt K, Schoonhoven C (1990) Organizational growth: Linking founding team, strategy, environment, and growth among U.S. semiconductor ventures. Admin. Sci. Quart. 35(3):504–529.CrossrefGoogle Scholar
  • Felps W, Mitchell T, Hekman D, Lee T, Holtom B, Harman W (2009) Turnover contagion: How coworkers’ job embeddedness and job search behaviors influence quitting. Acad. Management J. 52(3):545–561.CrossrefGoogle Scholar
  • Fleming L, Marx M (2006) Managing creativity in small worlds. California Management Rev. 48(4):6–27.CrossrefGoogle Scholar
  • Fuller S (2008) Job mobility and wage trajectories for men and women in the United States. Amer. Sociol. Rev. 73(1):158–183.CrossrefGoogle Scholar
  • Garmaise M (2011) Ties that truly bind: Noncompetition agreements, executive compensation, and firm investment. J. Law, Econom., Organ. 27(2):376–425.CrossrefGoogle Scholar
  • Granovetter M (1974) Getting a Job: A Study of Contacts and Careers (University of Chicago Press, Chicago).Google Scholar
  • Goodman P, Leyden D (1991) Familiarity and group productivity. J. Appl. Psych. 76(4):578–586.CrossrefGoogle Scholar
  • Groysberg B, Abrahams R (2006) Lift outs: How to acquire a high-functioning team. Harvard Bus. Rev. 84(12):133–140.Google Scholar
  • Groysberg B, Lee L (2009) Hiring stars and their colleagues: Exploration and exploitation in professional service firms. Organ. Sci. 20(4):740–758.LinkGoogle Scholar
  • Groysberg B, Lee L, Nanda A (2008) Can they take it with them? The portability of star knowledge workers’ performance. Management Sci. 54(7):1213–1230.LinkGoogle Scholar
  • Hall R, Kasten R (1976) Occupational mobility and the distribution of occupational success among young men. Amer. Econom. Rev. 66(2):309–315.Google Scholar
  • Harrison D, Mohammed S, McGrath J, Florey A, Vanderstoep S (2003) Time matters in team performance: Effects of member familiarity, entrainment, and task discontinuity on speed and quality. Personnel Psych. 56(3):633–669.CrossrefGoogle Scholar
  • Hausknecht J, Trevor C (2011) Collective turnover at the group, unit, and organizational levels: Evidence, issues, and implications. J. Management 37(1):352–388.CrossrefGoogle Scholar
  • Hayes RM, Oyer P, Schaefer S (2005) Coworker complementarity and the stability of top-management teams. J. Law, Econom., Organ. 22(1):184–212.CrossrefGoogle Scholar
  • Howells J (1996) Tacit knowledge. Tech. Anal. Strategic Management 8(2):91–106.CrossrefGoogle Scholar
  • Huckman RS, Pisano GP (2006) The firm specificity of individual performance: Evidence from cardiac surgery. Management Sci. 52(4):473–488.LinkGoogle Scholar
  • Huckman RS, Staats BR, Upton DM (2009) Team familiarity, role experience, and performance: Evidence from Indian software services. Management Sci. 55(1):85–100.LinkGoogle Scholar
  • Iacus S, King G, Porro G, Katz J (2012) Causal inference without balance checking: Coarsened Exact Matching. Political Anal. 20(1):1–24.CrossrefGoogle Scholar
  • Jovanovic B (1984) Matching, turnover, and unemployment. J. Political Econom. 92(1):108–122.CrossrefGoogle Scholar
  • Kacperczyk A, Marx M (2016) Revisiting the small-firm effect on entrepreneurship: Evidence from firm dissolutions. Organ. Sci. 27(4):893–910.LinkGoogle Scholar
  • Kalleberg A (2003) Flexible firms and labor market segmentation: Effects of workplace restructuring on jobs and workers. Work Occupations 30(2):154–175.CrossrefGoogle Scholar
  • Klepper S (2002) The capabilities of new firms and the evolution of the U.S. automobile industry. Indust. Corporate Change 11(4):645–666.CrossrefGoogle Scholar
  • Kugler A (2003) Employee referrals and efficiency wages. Labour Econom. 10(5):531–556.CrossrefGoogle Scholar
  • Lazear E (2009) Firm-specific human capital: A skill-weights approach. J. Political Econom. 117(5):914–940.CrossrefGoogle Scholar
  • Le Grand C, Tåhlin M (2002) Job mobility and earnings growth. Eur. Sociol. Rev. 18(4):381–400.CrossrefGoogle Scholar
  • Leonard D, Sensiper S (1998) The role of tacit knowledge in group innovation. California Management Rev. 40(3):112–132.CrossrefGoogle Scholar
  • Liang DW, Moreland R, Argote L (1995) Group versus individual training and group performance: The mediating role of transactive memory. Personality Soc. Psych. Bull. 21(4):384–393.CrossrefGoogle Scholar
  • Loury LD (2006) Some contacts are more equal than others: Informal networks, job tenure, and wages. J. Labor Econom. 24(2):299–318.CrossrefGoogle Scholar
  • Mailath G, Postlewaite A (1990) Workers versus firms: Bargaining over a firm’s value. Rev. Econom. Stud. 57(3):369–380.CrossrefGoogle Scholar
  • Maker R (2010) Garmin Connect development team tossed overboard. Accessed August 5, 2014, http://www.dcrainmaker.com/2010/03/garmin-connect-development-team-tossed.html.Google Scholar
  • Martens R, Peterson J (1971) Group cohesiveness as a determinant of success and member satisfaction in team performance. Internat. Rev. Sport Sociol. 6(1):50–59.CrossrefGoogle Scholar
  • Marx M (2011) The firm strikes back non-compete agreements and the mobility of technical professionals. Amer. Sociol. Rev. 76(5): 695–712.CrossrefGoogle Scholar
  • Mayer A (2011) Quantifying the effects of job matching through social networks. J. Appl. Econom. 14(1):35–59.CrossrefGoogle Scholar
  • McDonald S, Benton RA, Warner DF (2012) Dual embeddedness: Informal job matching and labor market institutions in the United States and Germany. Soc. Forces 91(1):75–97.CrossrefGoogle Scholar
  • Mincer J (1978) Family migration decisions. J. Political Econom. 86(5): 749–773.CrossrefGoogle Scholar
  • Mincer J, Jovanovic B (1982) Labor mobility and wages. NBER Working Paper No. 357, National Bureau of Economic Research, Cambridge, MA.Google Scholar
  • Mouw T (2003) Social capital and finding a job: Do contacts matter? Amer. Sociol. Rev. 68(6):868–898.CrossrefGoogle Scholar
  • Nyberg A, Ployhart R (2013) Context-emergent turnover (CET) theory: A theory of collective turnover. Acad. Management Rev. 38(1):109–131.CrossrefGoogle Scholar
  • Organisation for Economic Co-operation and Development (OECD) (2009) Employment Outlook 2009 Tackling the Job Crisis (Organisation for Economic Co-operation and Development, Paris).Google Scholar
  • Parent D (2000) Industry-specific capital and the wage profile: Evidence from the national longitudinal survey of youth and the panel study of income dynamics. J. Labor Econom. 18(2):306–323.CrossrefGoogle Scholar
  • Pfeffer J (1991) Organization theory and structural perspectives on management. J. Management 17(4):789–803.CrossrefGoogle Scholar
  • Prescott EC, Visscher M (1980) Organization capital. J. Political Econom. 88(3):446–461.CrossrefGoogle Scholar
  • Postel-Vinay F, Robin J (2002) Equilibrium wage dispersion with worker and employer heterogeneity. Econometrica 70(6): 2295–2350.CrossrefGoogle Scholar
  • Reagans R, Argote L, Brooks D (2005) Individual experience and experience working together: Predicting learning rates from knowing who knows what and knowing how to work together. Management Sci. 51(6):869–881.LinkGoogle Scholar
  • Samila S, Sorenson O (2011) Noncompete covenants: Incentives to innovate or impediments to growth. Management Sci. 57(3):425–438.LinkGoogle Scholar
  • Sanders J, Nee V, Sernau S (2002) Asian immigrants’ reliance on social ties in a multiethnic labor market. Soc. Forces 81(1):281–314.CrossrefGoogle Scholar
  • Schmutte I (2014) Job referral networks and the determination of earnings in local labor markets. J. Labor Econom. 33(1):1–32.CrossrefGoogle Scholar
  • Sgourev S (2011) Leaving in droves: Exit chains in network attrition. Sociol. Quart. 52(3):421–441.CrossrefGoogle Scholar
  • Sørensen A (1976) The structure of inequality and the process of attainment. Amer. Sociol. Rev. 42(6):965–978.CrossrefGoogle Scholar
  • Sørensen J, Sorenson O (2007) Corporate demography and income inequality. Amer. Sociol. Rev. 72(5):766–783.CrossrefGoogle Scholar
  • Stillman J (2016) Stripe’s crazy new hiring experiment: Bring your own team. Inc. Magazine (May 2), https://www.inc.com/jessica-stillman/stripe-s-crazy-new-hiring-experiment-bring-your-own-team.html.Google Scholar
  • Stone B (2009) Apple strikes deal to buy the music start-up Lala. New York Times (December 4), http://www.nytimes.com/2009/12/05/technology/companies/05apple.html.Google Scholar
  • Topel R (1999) Labor markets and economic growth. Ashenfelter OC, Card D, eds. Handbook of Labor Economics, Vol. 3 (Elsevier, Amsterdam), 2943–2984.Google Scholar
  • Wezel F, Cattani G, Pennings J (2006) Competitive implications of interfirm mobility. Organ. Sci. 17(6):691–709.LinkGoogle Scholar
  • Yakubovich V (2005) Weak ties, information, and influence: How workers find jobs in a local Russian labor market. Amer. Sociol. Rev. 70(3):408–421.CrossrefGoogle Scholar
INFORMS site uses cookies to store information on your computer. Some are essential to make our site work; Others help us improve the user experience. By using this site, you consent to the placement of these cookies. Please read our Privacy Statement to learn more.