Forming a firm innovation strategy through commitment-based human resource management |
| |
Authors: | Young Jin Ko Li Ma |
| |
Affiliation: | Guanghua School of Management, Peking University, Beijing, China |
| |
Abstract: | In this paper, we argue that commitment-based human resource management (CHRM) enables firms to form an innovation strategy, enriching the literature focused on the subordinate role of HRM in a given strategy. In CHRM, employees are hired based on their knowledge, their expertise is developed, and they are empowered to take reasonable risks in the interest of long-term outcomes. These HRM policies, which mediated by innovative work practices, enable firms to realize their strategic intention to engage in innovation. Analyses of time-lagged data from 445 firms support our hypotheses, and implications are discussed. |
| |
Keywords: | Commitment-based human resource management innovation strategy innovative work practices organizational capability |
|
|