A Study on Development of Entrepreneurship through Effective Human Resource Management Practices – An Empirical Investigation
As situations and industrial circumstances
turns out to be more sophisticate and dynamic, the companies and organizations should
adopt supplementary entrepreneurial measures so as to recognize and seize new opportunities
and maintaining high quality throughput. In this context, corporate entrepreneurship
(CE) is defined as the organizational learning which is motivated by creative thinking,
collaboration, coordination and personal dedication. Thus, it can be considered
that the HRM (Human resource management) plays an important role for contributing
success. This paper provides an analytical research which investigates the connection
between HRM practices and CE. This shows that HRM can motivate and contribute to
development of entrepreneurship in the company. Therefore, the HR managers must
implement developmental policies to assure that their human workforce is appropriately
rewarded, compensated and encouraged. This greatly helps in improving their performance
which further results in high throughput that guarantees overall profitability and
betterment of the organization.
Keywords: HRM Practices, IT zone, Corporate Entrepreneurship.
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