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Psychological Capital – Developing the Human Competitive Edge - Oxford Scholarship Online
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Psychological Capital: Developing the Human Competitive Edge

Fred Luthans, Carolyn M. Youssef, and Bruce J. Avolio


This book draws from a foundation of positive psychology and recently emerging positive organizational behavior (POB). Its purpose is to introduce the untapped human resource capacity of psychological capital, or simply PsyCap. This PsyCap goes beyond traditionally recognized human and social capital and must meet the scientific criteria of theory, research, and valid measurement. To distinguish from other constructs in positive psychology and organizational behavior, to be included in PsyCap the resource capacity must also be “state-like” and thus open to development (as opposed to momentary ... More

Keywords: efficacy, hope, optimism, positive organizational behavior, positive psychology, PsyCap, psychological capital development, psychological capital measurement, resilience, state-like constructs

Bibliographic Information

Print publication date: 2006 Print ISBN-13: 9780195187526
Published to Oxford Scholarship Online: September 2007 DOI:10.1093/acprof:oso/9780195187526.001.0001


Affiliations are at time of print publication.

Fred Luthans, author
University of Nebraska
Author Webpage

Carolyn M. Youssef, author
Bellevue University
Author Webpage

Bruce J. Avolio, author
University of Nebraska