Specific Practices of Human Resource Management in the Creation and Development of Micro and Small Firms, Case Studies in Portuguese Firms

Helder Antunes and António Nunes ()
Additional contact information
Helder Antunes: University of Beira Interior
António Nunes: University of Beira Interior, Research Center in Business Sciences (NECEUBI)

A chapter in Entrepreneurship and the Industry Life Cycle, 2018, pp 137-171 from Springer

Abstract: Abstract Practices of human resource management (HRM) have an impact on business efforts, making the acceptance of risks and innovation more pro-active. It therefore becomes necessary to understand and identify the HRM practices present in the creation of micro and small firms, as well as in their development, and characterise the needs of professional training and new competences. From a qualitative approach, in four micro and small firms, business-people and collaborators were interviewed to identify the specific HRM practices present at the beginning of activity in this type of organisation. Data treatment was through content analysis. Analysis of the organisation’s creation and development stages identified as critical HRM practices recruitment and selection and professional training. Performance assessment was identified at the time of firm development, increasing in formalization and complexity over time and as the number of collaborators grows. The formalization of rewards and bonuses is affected by increased firm size, at the two stages. At the moment of creating the firm, training actions in financial management and HRM are necessary. Organisational development requires technical competences in each area of business, and also continuity and deepening of the areas of overall management and human resource development.

Keywords: Human resource management practices in micro and small firms; Creation and development of micro and small firms; Necessary competences (search for similar items in EconPapers)
Date: 2018
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:spr:seschp:978-3-319-89336-5_7

Ordering information: This item can be ordered from
http://www.springer.com/9783319893365

DOI: 10.1007/978-3-319-89336-5_7

Access Statistics for this chapter

More chapters in Studies on Entrepreneurship, Structural Change and Industrial Dynamics from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().