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By using new panel data for Finnish banks we study the impact of training on wages and performance. To the best of our knowledge, ours is the first paper to compare explicitly the effects of general and firm-specific workplace training on outcomes for both employees and firms. Unlike much...
Persistent link: https://www.econbiz.de/10003828925
This paper surveys the emerging economics literature on the relationship between employee training and firm performance. Most studies find very high returns to training, at least from the perspective of firms, indicating that the costs of training can be recouped in short periods of time. These...
Persistent link: https://www.econbiz.de/10012815729
Small and medium-sized enterprises (SMEs) are known to contribute significantly to aggregate economic growth. However, little is known about the role played by management practices in SME growth since recession. We contribute to the literature on SME growth by analysing longitudinal...
Persistent link: https://www.econbiz.de/10011502558
Extant literature documents a relationship between human resource management (HRM) practices and performance, but the mechanisms underlying this relationship are still not well understood. We develop a theoretical framework of the HRM-performance relationship fusing an employment systems...
Persistent link: https://www.econbiz.de/10014581054
This paper examines the impact of vertical integration on the dynamics of performance over the automobile product development lifecycle. Building on recent work in organizational economics and strategy, we evaluate the relationship between vertical integration and different performance margins....
Persistent link: https://www.econbiz.de/10003500173
Theoretical and empirical work on innovation and firm survival has produced varied and often conflicting findings. In … this paper, we draw on Schumpeterian models of competition and innovation and stochastic models of firm dynamics to … demonstrate that the conflicting findings may be due to linear specifications of the innovation-survival relationship. We …
Persistent link: https://www.econbiz.de/10011283244
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Human resources (HR) represent a crucial resource of enterprises. This especially applies to small and medium-sized enterprises (SMEs), in which HR can create a competitive advantage and affect survival and development. Changes in the business environment, the need for new knowledge, skills and...
Persistent link: https://www.econbiz.de/10012664678