The challenges associated with the capitalization of managerial skills and competencies

Drawing on the theoretical framework of the institutional competency-based perspective, this paper develops a model to explain the process of capitalizing managerial competencies and skills into intangible capital stocks of an organization. It is argued that the effective and cumulative utilization of human, social, political, and cross-cultural capitals can help an organization sustain its competitive advantage, ultimately exerting a positive influence on organizational performance.