IDEAS home Printed from https://ideas.repec.org/a/sae/envirc/v31y2013i1p56-81.html
   My bibliography  Save this article

Evaluating the Impact of Different Training Methods on SME Business Performance

Author

Listed:
  • Paul Jones

    (Plymouth Business School, The University of Plymouth, Drake Circus, Plymouth PL4 8AA, England)

  • Malcolm J Beynon

    (Cardiff Business School, Cardiff University, Aberconway Building, Colum Drive, Cardiff CF10 3EU, Wales)

  • David Pickernell

    (Glamorgan Business School, University of Glamorgan, Treforest CF37 1DL, Wales)

  • Gary Packham

    (Lord Ashcroft International Business School, Anglia Ruskin University, East Road, Cambridge CB1 1PT, England)

Abstract

With this study we evaluate the impact of different training methods (TMs) on small and medium-enterprises' (SMEs') business performances, utilising a dataset of 3521. We consider the relationship between the satisfaction SMEs have towards their employees' training needs being met by a diverse range of TMs and the levels of impact the training has had on business performance. To investigate both the interdependence and dependence of satisfaction levels of training needs met with business performance, we undertake bivariate correlations and multivariate regression-type analyses (using Regression-type Classification and Ranking Belief Simplex). The results presented offer novel insights into the relationships between TMs and business performance.

Suggested Citation

  • Paul Jones & Malcolm J Beynon & David Pickernell & Gary Packham, 2013. "Evaluating the Impact of Different Training Methods on SME Business Performance," Environment and Planning C, , vol. 31(1), pages 56-81, February.
    • Handle: RePEc:sae:envirc:v:31:y:2013:i:1:p:56-81
    DOI: 10.1068/c12113b
    as

    Download full text from publisher

    File URL: https://journals.sagepub.com/doi/10.1068/c12113b
    Download Restriction: no
    File URL: https://libkey.io/10.1068/c12113b?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    References listed on IDEAS

    as
    1. Ivan Turok & Mike Raco, 2000. "Developing Expertise in Small and Medium-Sized Enterprises: An Evaluation of Consultancy Support," Environment and Planning C, , vol. 18(4), pages 409-427, August.
    2. Gaylen N. Chandler & Glenn M. Mcevoy, 2000. "Human Resource Management, TQM, and Firm Performance in Small and Medium-Size Enterprises," Entrepreneurship Theory and Practice, , vol. 25(1), pages 43-58, October.
    3. Denis H. Y. Leung & Jing Qin, 2006. "Analysing survey data with incomplete responses by using a method based on empirical likelihood," Journal of the Royal Statistical Society Series C, Royal Statistical Society, vol. 55(3), pages 379-396, May.
    4. James Foreman-Peck & Gerry Makepeace & Brian Morgan, 2006. "Growth and profitability of small and medium-sized enterprises: Some Welsh evidence," Regional Studies, Taylor & Francis Journals, vol. 40(4), pages 307-319.
    5. Stuart Fraser & David Storey & Julian Frankish & Richard Roberts, 2002. "The Relationship between Training and Small Business Performance: An Analysis of the Barclays Bank Small Firms Training Loans Scheme," Environment and Planning C, , vol. 20(2), pages 211-233, April.
    6. D. Michael Brown, 2000. "Corporate performance: the paradox of UK Plcs' management perceptions," International Journal of Business Performance Management, Inderscience Enterprises Ltd, vol. 2(1/2/3), pages 194-209.
    7. J Kitching & R Blackburn, 1999. "Management Training and Networking in Small and Medium-Sized Enterprises in Three European Regions: Implications for Business Support," Environment and Planning C, , vol. 17(5), pages 621-635, October.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Nick Clifton & Robert Huggins & Brian Morgan & Piers Thompson, 2015. "An appropriate tool for entrepreneurial learning in SMEs? The case of the 20Twenty Leadership Programme," Local Economy, London South Bank University, vol. 30(5), pages 534-556, August.
    2. Md. Mominur Rahman & Bilkis Akhter, 2021. "The impact of investment in human capital on bank performance: evidence from Bangladesh," Future Business Journal, Springer, vol. 7(1), pages 1-13, December.
    3. Brigitte Kroon & Karina Voorde & Jules Timmers, 2013. "High performance work practices in small firms: a resource-poverty and strategic decision-making perspective," Small Business Economics, Springer, vol. 41(1), pages 71-91, June.
    4. Ilona Baumane & Rebekka Vedina, 2011. "Capacities and Competencies as Sources of Competitive Advantage: The Case Study of Latvian Hotels," REVISTA DE MANAGEMENT COMPARAT INTERNATIONAL/REVIEW OF INTERNATIONAL COMPARATIVE MANAGEMENT, Faculty of Management, Academy of Economic Studies, Bucharest, Romania, vol. 12(2), pages 301-318, May.
    5. Tobias Buchman & Andreas Pyka, 2012. "Innovation Networks," Chapters, in: Michael Dietrich & Jackie Krafft (ed.), Handbook on the Economics and Theory of the Firm, chapter 33, Edward Elgar Publishing.
    6. Liang Wang & Justin Tan, 2019. "Social Structure of Regional Entrepreneurship: The Impacts of Collective Action of Incumbents on De Novo Entrants," Entrepreneurship Theory and Practice, , vol. 43(5), pages 855-879, September.
    7. Woei-Chyuan Wong & Sharmilawati Sabki & Angappan Regupathi & Syed Mohd. Na’im Syed Salim, 2019. "Malaysian SMEs’ Liability Structure and Its Impact on Profitability and Growth," Asian Academy of Management Journal of Accounting and Finance (AAMJAF), Penerbit Universiti Sains Malaysia, vol. 15(2), pages 77-94.
    8. Seyed Gholam Hossein Hashemi Nassab, 2016. "The Role of Financial Management on Productivity of the Refinery Case Study: Khangiran Gas Refinery of Iran," Modern Applied Science, Canadian Center of Science and Education, vol. 10(6), pages 1-44, June.
    9. Lilian DE MENEZES & Garry GELADE & Stephen WOOD, 2008. "A Longitudinal Study of the Latent Class Clusters of Modern Management Practices and their Association with Organizational Performance in British Manufacturing," EcoMod2008 23800028, EcoMod.
    10. David Pickernell & Christine Atkinson & Christopher Miller, 2015. "Guest Editorial," Environment and Planning C, , vol. 33(1), pages 4-8, February.
    11. Abdul Raziq, 2014. "The Relationship between Firm Size and High Performance Management Practices in Pakistani SMEs," Indian Journal of Commerce and Management Studies, Educational Research Multimedia & Publications,India, vol. 5(2), pages 27-36, May.
    12. Bilitis Schoonjans & Philippe Cauwenberge & Heidi Bauwhede, 2013. "Formal business networking and SME growth," Small Business Economics, Springer, vol. 41(1), pages 169-181, June.
    13. Mike Raco & Ivan Turok & Keith Kintrea, 2003. "Local Development Companies and the Regeneration of Britain's Cities," Environment and Planning C, , vol. 21(2), pages 277-303, April.
    14. Veronika Bumberová & Vojtěch Koráb, 2013. "Empirical development taxonomy of micro, small and medium-sized enterprises in South Moravian Region," Acta Universitatis Agriculturae et Silviculturae Mendelianae Brunensis, Mendel University Press, vol. 61(7), pages 2021-2031.
    15. Andrés Barge-Gil & Aurelia Modrego-Rico, 2008. "Are Technology Institutes a Satisfactory Tool for Public Intervention in the Area of Technology? A Neoclassical and Evolutionary Evaluation," Environment and Planning C, , vol. 26(4), pages 808-823, August.
    16. Kotorri Mrika & Krasniqi Besnik A., 2018. "Managerial Characteristics and Export Performance – Empirical Evidence from Kosovo," South East European Journal of Economics and Business, Sciendo, vol. 13(2), pages 32-48, December.
    17. Lai, Yanqing & Saridakis, George & Blackburn, Robert & Johnstone, Stewart, 2016. "Are the HR responses of small firms different from large firms in times of recession?," Journal of Business Venturing, Elsevier, vol. 31(1), pages 113-131.
    18. Edward Kasabov, 2015. "Start–Up Difficulties in Early–Stage Peripheral Clusters: The Case of IT in an Emerging Economy," Entrepreneurship Theory and Practice, , vol. 39(4), pages 727-761, July.
    19. Kevin F Mole & Mark Hart & Stephen Roper & David S Saal, 2011. "Broader or Deeper? Exploring the Most Effective Intervention Profile for Public Small Business Support," Environment and Planning A, , vol. 43(1), pages 87-105, January.
    20. Ahmed Alzahrani & Ali Shaddady, 2021. "Influences of Financial and Non-Financial Compensation on Employees’ Turnover Intention in the Energy Sector: The Case of Aramco IPO," International Business Research, Canadian Center of Science and Education, vol. 14(6), pages 108-108, June.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:sae:envirc:v:31:y:2013:i:1:p:56-81. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: SAGE Publications (email available below). General contact details of provider: .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.