Adam Smith has two principles: laissez faire and absolute advantage theory. This study has 3rd dimension for wealth of nations. It is intellectual capital. Because intellectual capitals increase GDP of nations, and create wealth for nations. ICs have accumulated knowledge, and ICs make...

This study discusses neomerchantalism and limited money supply policy. Neomerchantalism is to use national currency in international trade. It is appropriate for neighbour countries. Merchantalism exists in global economy during 15th-17th centuries. It is free trade. In globalism era, monetary...

This study argues three policies for economies. The aim of those policies is to increase total demand by money supply. Global economy currently faces lack of money in markets and recession effect. First, neo-merchantalism is to use national currency in bilateral trade. Second, limited money...

American scholars identify strategic human resource management (SHRM) with human resources (HR) system and firm performance. Major definition of SHRM is human resource management (HRM)-firm performance relation. HR system is important to set HRM-performance link, because HR system includes...

This study aims to argue human resources management in Turkey in aligned with concept and cases. Turkey has blend of Western and Eastern values. Eastern values, Western values, Islamic philosophy affect Turkish culture that have an impact on implementation of HRM practices. Research methodology...

This research explores SME supports in the EU, and it aims to benchmark American and Japanese model to improve European Model. In the US, SME supports are divided into two groups: Information supports and Finance supports. And US model determines supporting organizations to donate those...

The aim of this study is to discuss “human resource” focus in total quality management awards (TQM Awards). TQM Awards are Malcolm Baldrige National Quality Award, European Quality Award (EFQM), Deming Prize of Japan, and ISO9000 Series. The Baldrige emphasizes performance excellence. Deming...

This study aims to discuss the impact of HR issues on effectiveness of HRM and organizational outcomes. HR issues are, for example, validity of selection tests, transfer of training, prejudice, unfair and injustice practices in interview, performance evaluation and reward distribution. Those...

Objective of this study is to argue transittion from HRM to SHRM. In addition, this study also discusses theory of strategic human resource management (SHRM). Research methodology of this study is based on argument from SHRM literature. Significant of paper is discussion of SHRM theory. Keyterms...