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

Author

Listed:
  • Vlados, Charis

    (Democritus University of Thrace, Department of Economics)

  • Chatzinikolaou, Dimos

    (Democritus University of Thrace, Department of Economics)

  • Koutroukis, Theodore

    (Democritus University of Thrace, Department of Economics)

  • Kokkinaki, Angelika

    (University of Nicosia, School of Business)

  • Tsarpa, Ioanna

    (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.

Suggested Citation

  • Vlados, Charis & Chatzinikolaou, Dimos & Koutroukis, Theodore & Kokkinaki, Angelika & Tsarpa, Ioanna, 2020. "Conceptions of Human Resource Management and Training in SMEs of Eastern Macedonia and Thrace," DUTH Research Papers in Economics 14-2020, Democritus University of Thrace, Department of Economics.
    • Handle: RePEc:ris:duthrp:2020_014
    Note: Journal of Management and Strategy. Vol. 11, No. 4, pp. 21-40
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    Cited by:

    1. Muhammad Farhan Jalil & Wasim Ullah & Zeeshan Ahmed, 2021. "Training Perception and Innovative Behavior of SME Employees: Examining the Mediating Effects of Firm Commitment," SAGE Open, , vol. 11(4), pages 21582440211, December.

    More about this item

    Keywords

    Human Resource Management; Professional Training; Business Education; Eastern Macedonia and Thrace; Retail Firms; Institutes of Local Development and Innovation; Fourth Industrial Revolution;
    All these keywords.

    JEL classification:

    • M19 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - Other
    • O15 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Economic Development: Human Resources; Human Development; Income Distribution; Migration
    • O32 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Management of Technological Innovation and R&D

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