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STRATEGIC HUMAN CAPITAL MANAGEMENT IN SMEs: AN EMPIRICAL STUDY OF ENTREPRENEURIAL PERFORMANCE
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STRATEGIC HUMAN CAPITAL MANAGEMENT IN SMEs: AN EMPIRICAL STUDY OF ENTREPRENEURIAL PERFORMANCE
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Journal Article
STRATEGIC HUMAN CAPITAL MANAGEMENT IN SMEs: AN EMPIRICAL STUDY OF ENTREPRENEURIAL PERFORMANCE
2003
Overview
How can human resource management (HRM) practices promote entrepreneurial performance in small and medium-sized enterprises (SMEs)? This article discusses the association between human capital management (HCM) and other contemporary HRM practices and the ability of SMEs to be entrepreneurial. In a study of 99 SMEs, HRM practices that promote employee discretionary behavior, knowledge sharing, and organizational learning are found to be positively associated with entrepreneurial performance. Two contingencies are also identified for this relationship. First, the use of strategic HCM practices enhances the observed positive association. Second, these relationships are strongest for SMEs operating in high-technology industries. [PUBLICATION ABSTRACT]
Publisher
Wiley Periodicals Inc
