IDEAS home Printed from https://ideas.repec.org/a/bbn/journl/2015_4_1_pauli.html
   My bibliography  Save this article

SMEs GROWTH AND HUMAN CAPITAL INVESTMENTS (THE CASE OF POLAND)

Author

Listed:
  • URBAN PAULI

    () (Cracow University of Economics, Poland)

Abstract

Small and medium enterprises (SMEs) face more threats and challenges than their larger counterparts. [It] This situation is caused mostly by the limited access to resources or their unavailability. That is why SMEs have to manage carefully their resources, plan growth and calculate investments in order to achieve the highest possible return. Many authors claim that one of the most valuable resource for any firm is the human capital (HC); it may be the source of competitive advantage. This article touches upon the relationship between SMEs growth and human capital investments. The main question is whether there is any relationship between the stage of SMEs growth and investments in HC. Do investments in HC support SMEs performance on every stage of their growth? The results of the research conducted on 219 Polish SMEs. On the basis of conducted analysis it can be stated that the share of investments in HC vary in subsequent stages. Moreover HC seems to impose SMEs’ performance only in the mature stages, when organisations are well developed and have achieved an appropriate market position.

Suggested Citation

  • Urban Pauli, 2015. "SMEs GROWTH AND HUMAN CAPITAL INVESTMENTS (THE CASE OF POLAND)," JOURNAL STUDIA UNIVERSITATIS BABES-BOLYAI NEGOTIA, Babes-Bolyai University, Faculty of Business.
  • Handle: RePEc:bbn:journl:2015_4_1_pauli
    as

    Download full text from publisher

    File URL: http://tbs.ubbcluj.ro/RePEc/bbn/journl/Negotia_4_2015.pdf
    File Function: Revised version, 2015
    Download Restriction: no

    References listed on IDEAS

    as
    1. Kobi Abayomi & Gonzalo Pizarro, 2013. "Monitoring Human Development Goals: A Straightforward (Bayesian) Methodology for Cross-National Indices," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 110(2), pages 489-515, January.
    2. Mehmet Pinar & Thanasis Stengos & Nikolas Topaloglou, 2013. "Measuring human development: a stochastic dominance approach," Journal of Economic Growth, Springer, vol. 18(1), pages 69-108, March.
    3. Po-Chin Wu & Chiung-Wen Fan & Sheng-Chieh Pan, 2014. "Does Human Development Index Provide Rational Development Rankings? Evidence from Efficiency Rankings in Super Efficiency Model," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 116(2), pages 647-658, April.
    4. Yongheng Yang & Angang Hu, 2008. "Investigating Regional Disparities of China’s Human Development with Cluster Analysis: A Historical Perspective," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 86(3), pages 417-432, May.
    5. S. Terzi & A. Trezzini & L. Moroni, 2014. "A PLS path model to investigate the relations between institutions and human development," Quality & Quantity: International Journal of Methodology, Springer, vol. 48(3), pages 1271-1290, May.
    6. Chris Tofallis, 2013. "An automatic-democratic approach to weight setting for the new human development index," Journal of Population Economics, Springer;European Society for Population Economics, vol. 26(4), pages 1325-1345, October.
    Full references (including those not matched with items on IDEAS)

    More about this item

    Keywords

    Human resources; Human Capital; Competitive advantage; Firm Goal; Entrepreneurship;

    JEL classification:

    • M50 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Personnel Economics - - - General
    • O15 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Economic Development: Human Resources; Human Development; Income Distribution; Migration
    • L25 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Firm Performance
    • L21 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Business Objectives of the Firm
    • L26 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Entrepreneurship

    Statistics

    Access and download statistics

    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:bbn:journl:2015_4_1_pauli. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Cornelia Pop). General contact details of provider: http://edirc.repec.org/data/fbubbro.html .

    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 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.

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

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.