High Performance Work Systems, Performance and Innovativeness in Small Firms
The importance of managing human resources properly running a successful organization requires finding, retaining and motivating the right employees. Current changes in the economic and demographic structure of Western societies, such as the increased role of knowledge, the ageing of the workforce and a decreasing inflow of entrants into the workforce, further increase the importance of the management of the (internally and externally) available human resources. This holds for all organizations, irrespective of their size. Recent years have witnessed an increased flow of scientific papers on the relationship between various firm (and employee) performance measures, and how these firms manage their human resources.