Effects of human resources strategies on success of small-scale businesses
Publikation: Beiträge in Sammelwerken › Aufsätze in Sammelwerken › Forschung
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Frontiers of Entrepreneurship Research 2000. Hrsg. / P. D. Reynolds; E. Autio; C. G. Brush; W. D. Bygrave; S. Manigart; H. J. Sapienza; K. G. Shaver . 1. Aufl. Babson Park: Babson College, 2000. S. 530-541.
Publikation: Beiträge in Sammelwerken › Aufsätze in Sammelwerken › Forschung
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TY - CHAP
T1 - Effects of human resources strategies on success of small-scale businesses
AU - Frese, Michael
AU - Rauch, Andreas
PY - 2000
Y1 - 2000
N2 - Human resources of employees are important for management and organizational science but they are widely ignored in small-scale entrepreneurship research. However, employees constitute an important resource of small- scale enterprises and an efficient utilization of employee’s skills, motivation, and behavior are essential for business success. In thisstudy we analyze the effects of Human Resource Management (HRM) strategies on small business success. 119 smallscale enterprises participating in the longitudinal study. Human resource strategies consisted of training of employees, decision -making involvement, goal communication, and support for personal initiative and were shown to positively affect business success. Moreover, human resources management was more effective when business owners as well as employees had high human capital.
AB - Human resources of employees are important for management and organizational science but they are widely ignored in small-scale entrepreneurship research. However, employees constitute an important resource of small- scale enterprises and an efficient utilization of employee’s skills, motivation, and behavior are essential for business success. In thisstudy we analyze the effects of Human Resource Management (HRM) strategies on small business success. 119 smallscale enterprises participating in the longitudinal study. Human resource strategies consisted of training of employees, decision -making involvement, goal communication, and support for personal initiative and were shown to positively affect business success. Moreover, human resources management was more effective when business owners as well as employees had high human capital.
KW - Business psychology
KW - Entrepreneurship
M3 - Contributions to collected editions/anthologies
SN - 0910897212
SN - 9780910897211
SP - 530
EP - 541
BT - Frontiers of Entrepreneurship Research 2000
A2 - Reynolds, P. D.
A2 - Autio, E.
A2 - Brush, C. G.
A2 - Bygrave, W. D.
A2 - Manigart, S.
A2 - Sapienza, H. J.
A2 - Shaver , K. G.
PB - Babson College
CY - Babson Park
ER -