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Strategic human capital management in SMEs: An empirical study of entrepreneurial performance

✍ Scribed by James C. Hayton


Publisher
John Wiley and Sons
Year
2003
Tongue
English
Weight
148 KB
Volume
42
Category
Article
ISSN
0090-4848

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✦ Synopsis


Abstract

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. © 2004 Wiley Periodicals, Inc.