Conceptions of Human Resource Management and Training in SMEs of Eastern Macedonia and Thrace

Charis Vlados, Dimos Chatzinikolaou, Theodore Koutroukis (), Angelika Kokkinaki () and Ioanna Tsarpa ()
Additional contact information
Theodore Koutroukis: Democritus University of Thrace, Department of Economics, Postal: Department of Economics, University Campus, Komotini, 69100, Greece
Angelika Kokkinaki: University of Nicosia, School of Business, Postal: 46 Makedonitissas Avenue, CY-2417, P.O. Box 24005, CY-1700, Nicosia, Cyprus
Ioanna Tsarpa: Democritus University of Thrace, Department of Economics, Postal: Department of Economics, University Campus, Komotini, 69100, Greece

No 14-2020, DUTH Research Papers in Economics from Democritus University of Thrace, Department of Economics

Abstract: Human resource management and continuing training are prerequisites for business innovation, especially when the fourth industrial revolution causes the rapid emergence of knowledge-intensive professions and the constraint of older ones. This article examines how human resources, in-business training, and educational needs are significant parts of entrepreneurial innovation and business development. We present field research that we conducted in the business ecosystem of Eastern Macedonia and Thrace, which is a less competitive region of Greece and Europe. After examining the region’s economic profile, we continue with field research results in its retail sector. Our findings suggest that these businesses desire and search for more systematic actions towards training enhancement and human resource management upgrading. Thus, we propose a policy mechanism that could function as a “business clinic” for the region, including the diagnosis of needs and “therapeutic” intervention in terms of education and knowledge. This local development policy could create a growth spiral for the entire socio-economic spatialized system.

Keywords: Human Resource Management; Professional Training; Business Education; Eastern Macedonia and Thrace; Retail Firms; Institutes of Local Development and Innovation; Fourth Industrial Revolution (search for similar items in EconPapers)
JEL-codes: M19 O15 O32 (search for similar items in EconPapers)
Pages: 20 pages
Date: 2020-12-12
New Economics Papers: this item is included in nep-sbm
Note: Journal of Management and Strategy. Vol. 11, No. 4, pp. 21-40
References: Add references at CitEc
Citations: View citations in EconPapers (1)

Downloads: (external link)
https://papers.ssrn.com/sol3/papers.cfm?abstract_id=3746982 Full text (application/pdf)

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:ris:duthrp:2020_014

Access Statistics for this paper

More papers in DUTH Research Papers in Economics from Democritus University of Thrace, Department of Economics Department of Economics, University Campus, Komotini, 69100, Greece. Contact information at EDIRC.
Bibliographic data for series maintained by Periklis Gogas ().