Release date: April 6, 2021
Speaker: Rajshree Agarwal (University of Maryland)
Description: In the ninth webinar in the SMS E&S Insights Series, Rajshree Agarwal, University of Maryland, presented “Human Enterprise and Strategic Entrepreneurship” followed by a live audience Q&A.
Human capital—defined as knowledge, experiences and skills of an individual—focuses on human capabilities and their pecuniary returns. In contrast, human enterprise—defined as engaging in systematic, purposeful activity that may be daring or difficult—incorporates the important role of human aspirations in both shaping and benefiting from human capabilities. In this presentation, I draw upon research insights from examining evolutions of industry, firm and individual careers for how scholarship in strategy and entrepreneurship may benefit from expanding our conceptualization of individuals in the workplace beyond “human capital” to “human enterprise.”