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Human resources management practices in small and medium enterprises in two emerging economies in Asia : Indonesia and South Korea

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  • Human resources management practices in small and medium enterprises in two emerging economies in Asia
  • Chandrakumara, P.
  • Small Enterprise Association of Australia and New Zealand.


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Title Human resources management practices in small and medium enterprises in two emerging economies in Asia
Similar Titles
Sub Title

Indonesia and South Korea

Material Type Reports
Author(English)

Chandrakumara, P.

Publisher

Small Enterprise Association of Australia and New Zealand.

Date 2013
Pages 32
Subject Country Indonesia(Asia and Pacific)
South Korea(Asia and Pacific)
Language English
File Type Link
Subject Industry and Technology < Entrepreneurship
Holding University of Wollongong

Abstract

This paper explores human resource management practices in small and medium enterprises Indonesia and South Korea. Despite the fact that these countries have been identified as strong emerging economies and the pivotal role that SMEs play in these countries, a relatively less attention has been paid to investigate HRM practices of SEMs. This study uses existing empirical research and published data to explore HRM practices of SMEs in the two countries. The analysis of HRM practices is made with respect to both cultural values orientations of the two nations and different theories and models of HRM practices. The findings reflect the aspects of universalistic, contingency, resources base, and institutional perspectives of the strategic HRM (SHRM) model. The evidence also indicates the simultaneous adoption of both convergence and divergence theories of international HRM. Theoretical and practical implications of findings are discussed and directions for future research are provided.