What we know about relationship between training and firm performance: a review of literature
AbstractThis paper reviews theory and empirical findings on the relationship between training and firm performance. We describe the various important theoretical approaches and proposed a framework for analyzing training and firm performance issues. Data from previous studies is used to assess the effects of training on firm performance. The research results show that training has a positive and significant impact on firm performance. Finally, we identify the limitations of these previous studies and directions for future research on this topic.
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Bibliographic InfoPaper provided by Vlerick Leuven Gent Management School in its series Vlerick Leuven Gent Management School Working Paper Series with number 2009-01.
Length: 34 pages
Date of creation: 12 Dec 2008
Date of revision:
Training; Human resource outcomes; Firm performance;
This paper has been announced in the following NEP Reports:
- NEP-ALL-2009-02-22 (All new papers)
- NEP-CSE-2009-02-22 (Economics of Strategic Management)
- NEP-EFF-2009-02-22 (Efficiency & Productivity)
- NEP-HRM-2009-02-22 (Human Capital & Human Resource Management)
- NEP-LAB-2009-02-22 (Labour Economics)
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- Vladimir Ermakov, 2011. "Return on Training in the Knowledge-Based Economy: Review and Analysis of Existing Approaches to Evaluation of Training Outcomes," MIC 2011: Managing Sustainability? Proceedings of the 12th International Conference, Portorož, 23–26 November 2011 [Selected Papers], University of Primorska, Faculty of Management Koper.
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