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International Human Capital as a Source of Competitive Advantage for Organizations: International Human Resource Management

International Human Capital as a Source of Competitive Advantage for Organizations: International Human Resource Management
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Author(s): María Bastida Domínguez (University of Santiago de Compostela, Spain)
Copyright: 2016
Pages: 21
Source title: Strategic Labor Relations Management in Modern Organizations
Source Author(s)/Editor(s): Ana María Lucia Casademunt (Universidad Loyola Andalucía, Spain)
DOI: 10.4018/978-1-5225-0356-9.ch001

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Abstract

The aim of this chapter is to highlight the properties presented by the international human capital that allows us to conceptualize it as a strategic resource of organizations, and therefore, a potential source of sustainable competitive advantage. We highlight the role of international assignments as a preferred way for companies to contribute to developing global skills in leadership. Finally, under the consideration of the difficulties that can raise these assignments, both in terms of cost and effectiveness, we review some other alternative ways of development that companies are currently hiring: short-term expatriates, virtual, self-initiated and inpatriation.

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