IDEAS home Printed from https://ideas.repec.org/a/rom/rmcimn/v23y2022i1p80-100.html
   My bibliography  Save this article

80 Review of International Comparative Management Volume 23, Issue 1, March 2022 Standardization of Entrepreneurship in the Concept of Human Resource Management in SMEs

Author

Listed:
  • Daniel Rusu

    (Bucharest University of Economic Studies, Romania)

Abstract

This study examines distinct and unique methods of entrepreneurship in terms of organizing, managing, and recruiting human resources within an organization or enterprise. It is complemented by the ever-increasing volume of entrepreneurial literature through a systematic review of the literature that analyzes the link between the practice of human resource management and entrepreneurship. This study analyzes the theoretical framework that underlies the relationship between entrepreneurship and human resource management. The research establishes the strategic management of human resources as an entrepreneurial strategy with which employees are seen as essential tools for the full fulfillment of the objectives set at the organizational level. It can be summarized that with the establishment of a new company or through the continuity of an already existing company with relatively limited resources, entrepreneurship and the role of an entrepreneur become an essential management function in terms of development and selection personal skills, competences and capabilities of human resources. In conclusion, organizations are encouraged to encourage the role of entrepreneurship in human resource management to stimulate innovation, drive change and achieve continuous improvement.

Suggested Citation

  • Daniel Rusu, 2022. "80 Review of International Comparative Management Volume 23, Issue 1, March 2022 Standardization of Entrepreneurship in the Concept of Human Resource Management in SMEs," REVISTA DE MANAGEMENT COMPARAT INTERNATIONAL/REVIEW OF INTERNATIONAL COMPARATIVE MANAGEMENT, Faculty of Management, Academy of Economic Studies, Bucharest, Romania, vol. 23(1), pages 80-100, March.
    • Handle: RePEc:rom:rmcimn:v:23:y:2022:i:1:p:80-100
    as

    Download full text from publisher

    File URL: https://www.rmci.ase.ro/no23vol1/06.pdf
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Anca-Ioana Munteanu & Nicolae Bibu & Marian Nastase & Nicoleta Cristache & Cosmin Matis, 2020. "Analysis of Practices to Increase the Workforce Agility and to Develop a Sustainable and Competitive Business," Sustainability, MDPI, vol. 12(9), pages 1-14, April.
    2. Ola Bengtsson & John R. M. Hand, 2013. "Employee Compensation in Entrepreneurial Companies," Journal of Economics & Management Strategy, Wiley Blackwell, vol. 22(2), pages 312-340, June.
    3. ȚARȚAVULEA (DIEACONESCU) Ramona Iulia & BELU Mihaela Gabriela, 2016. "Strategies for Internationalization of Romanian SMEs. Focus on the European Market," European Journal of Interdisciplinary Studies, Bucharest Economic Academy, issue 02, June.
    4. Marina Dabić & Marta Ortiz‐De‐Urbina‐Criado & Ana M. Romero‐Martínez, 2011. "Human resource management in entrepreneurial firms: a literature review," International Journal of Manpower, Emerald Group Publishing Limited, vol. 32(1), pages 14-33, March.
    5. Daniela Ionita & Ionel Dumitru & Mihaela Constantinescu & Stefan Caescu, 2015. "Entrereneurial Clusters in European Union. A Macroeconomic Comparative Analysis," The AMFITEATRU ECONOMIC journal, Academy of Economic Studies - Bucharest, Romania, vol. 17(38), pages 1-93, February.
    6. Nicoleta Cristache & Marian Nãstase & Radu Petrariu & Margareta Florescu, 2019. "Analysis of Congruency Effects of Corporate Responsibility Code Implementation on Corporate Sustainability in Bio-Economy," The AMFITEATRU ECONOMIC journal, Academy of Economic Studies - Bucharest, Romania, vol. 21(52), pages 536-536, August.
    7. Drago? Tohãnean, , and & Alexandru Ilie Buzatu & Cristina-Andrada Baba & Bogdan Georgescu, 2020. "Business Model Innovation Through the Use of Digital Technologies: Managing Risks and Creating Sustainability," The AMFITEATRU ECONOMIC journal, Academy of Economic Studies - Bucharest, Romania, vol. 22(55), pages 758-758, August.
    8. Ron Bird & Anthony D. Hall & Francesco Momentè & Francesco Reggiani, 2007. "What Corporate Social Responsibility Activities are Valued by the Market?," Journal of Business Ethics, Springer, vol. 76(2), pages 189-206, December.
    9. Sang M. Lee & Marta Peris‐Ortiz & Rafael Fernández‐Guerrero, 2011. "Corporate entrepreneurship and human resource management: theoretical background and a case study," International Journal of Manpower, Emerald Group Publishing Limited, vol. 32(1), pages 48-67, March.
    10. Leung, Aegean & Zhang, Jing & Wong, Poh Kam & Foo, Maw Der, 2006. "The use of networks in human resource acquisition for entrepreneurial firms: Multiple "fit" considerations," Journal of Business Venturing, Elsevier, vol. 21(5), pages 664-686, September.
    11. Gary J. Castrogiovanni & David Urbano & Joaquín Loras, 2011. "Linking corporate entrepreneurship and human resource management in SMEs," International Journal of Manpower, Emerald Group Publishing Limited, vol. 32(1), pages 34-47, March.
    12. Jeffrey G. Covin & Dennis P. Slevin, 1989. "Strategic management of small firms in hostile and benign environments," Strategic Management Journal, Wiley Blackwell, vol. 10(1), pages 75-87, January.
    13. Daniela IONIȚĂ, 2013. "An exploratory research on change and performance in small and medium enterprises in Romania," Management & Marketing, Economic Publishing House, vol. 8(1), Spring.
    14. Barringer, Bruce R. & Jones, Foard F. & Neubaum, Donald O., 2005. "A quantitative content analysis of the characteristics of rapid-growth firms and their founders," Journal of Business Venturing, Elsevier, vol. 20(5), pages 663-687, September.
    15. Robert L. Heneman & Judith W. Tansky & S. Michael Camp, 2000. "Human Resource Management Practices in Small and Medium-Sized Enterprises: Unanswered Questions and Future Research Perspectives," Entrepreneurship Theory and Practice, , vol. 25(1), pages 11-26, October.
    16. Silvia Lorincová & Peter Štarchoň & Dagmar Weberová & Miloš Hitka & Martina Lipoldová, 2019. "Employee Motivation as a Tool to Achieve Sustainability of Business Processes," Sustainability, MDPI, vol. 11(13), pages 1-15, June.
    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. Amaka Orakwue & Osarumwense Iguisi, 2020. "Conceptualizing entrepreneurship in human resource management," International Journal of Research in Business and Social Science (2147-4478), Center for the Strategic Studies in Business and Finance, vol. 9(3), pages 85-93, April.
    2. 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.
    3. Miguel A. Hernandez, 2019. "Unveiling International New Ventures’ Success: Employee’s Entrepreneurial Behavior," Administrative Sciences, MDPI, vol. 9(3), pages 1-32, August.
    4. D’Angelo, Alfredo & Presutti, Manuela, 2019. "SMEs international growth: The moderating role of experience on entrepreneurial and learning orientations," International Business Review, Elsevier, vol. 28(3), pages 613-624.
    5. Jennings, Jennifer E. & Jennings, P. Devereaux & Greenwood, Royston, 2009. "Novelty and new firm performance: The case of employment systems in knowledge-intensive service organizations," Journal of Business Venturing, Elsevier, vol. 24(4), pages 338-359, July.
    6. Gang Wang & Linwei Li & Xu Jiang, 2019. "Entrepreneurial Business Ties and New Venture Growth: The Mediating Role of Resource Acquiring, Bundling and Leveraging," Sustainability, MDPI, vol. 11(1), pages 1-19, January.
    7. Maryann P. Feldman & Serden Ozcan & Toke Reichstein, 2019. "Falling Not Far from the Tree: Entrepreneurs and Organizational Heritage," Organization Science, INFORMS, vol. 30(2), pages 337-360, March.
    8. Chi Zhang & Qingjun Zeng & Charles Chen & Stavros Sindakis & Sakshi Aggarwal & Nipun Dhaulta, 2023. "The Strategic Resources and Competitive Performance of Family-Owned and Non-Family-Owned Firms in the Retail Business of Los Angeles," Journal of the Knowledge Economy, Springer;Portland International Center for Management of Engineering and Technology (PICMET), vol. 14(1), pages 327-355, March.
    9. Elena Patricia Mojica-Carrillo & Gonzalo Maldonado-Guzmán & Sandra Yesenia Pinzón-Castro & Angie Lorena Riaño-Castillo, 2021. "Effects of Entrepreneurial Orientation on Performance and Growth: Are Microenterprises and Small Firms Equal?," Advances in Management and Applied Economics, SCIENPRESS Ltd, vol. 11(4), pages 1-2.
    10. Alexandra IOSIFESCU & Constanta POPESCU, 2022. "The Determining Factors of Work Motivation for the Generations of Employees," Economics and Applied Informatics, "Dunarea de Jos" University of Galati, Faculty of Economics and Business Administration, issue 3, pages 205-210.
    11. Michael Sheppard, 2023. "The behavioural gap between entrepreneurial SME’s and high growth: evidence from Canada," International Entrepreneurship and Management Journal, Springer, vol. 19(1), pages 427-449, March.
    12. Florian IANCU & Ciprian MATIS & Cosmin MATIS, 2023. "Analysis of the Impact of Environmental, Social and Governance Factors on the Performance of Firms," Economics and Applied Informatics, "Dunarea de Jos" University of Galati, Faculty of Economics and Business Administration, issue 2, pages 75-82.
    13. Franczak, Jennifer & Gyensare, Michael A. & Lanivich, Stephen E. & Adomako, Samuel & Chu, Irene, 2024. "How and when does founder polychronicity affect new venture performance? The roles of entrepreneurial orientation and firm age," Journal of Business Research, Elsevier, vol. 172(C).
    14. Peris Ortiz, Marta & Rueda Armengot, Carlos & Palacios Marqués, Daniel, 2016. "Is it possible to measure social entrepreneurship in firms?," Cuadernos de Gestión, Universidad del País Vasco - Instituto de Economía Aplicada a la Empresa (IEAE).
    15. Lennart Burger & Ivana Blažková, 2020. "Internal Determinants Promoting Corporate Entrepreneurship in Established Organizations: A Systematic Literature Review," Central European Business Review, Prague University of Economics and Business, vol. 2020(2), pages 19-45.
    16. Preller, Rebecca & Patzelt, Holger & Breugst, Nicola, 2020. "Entrepreneurial visions in founding teams: Conceptualization, emergence, and effects on opportunity development," Journal of Business Venturing, Elsevier, vol. 35(2).
    17. Moser, Kilian J. & Tumasjan, Andranik & Welpe, Isabell M., 2017. "Small but attractive: Dimensions of new venture employer attractiveness and the moderating role of applicants' entrepreneurial behaviors," Journal of Business Venturing, Elsevier, vol. 32(5), pages 588-610.
    18. Daunfeldt, Sven-Olov & McKelvie, Alexander & Seerar Westerberg, Hans, 2023. "Right time or the right person? Investigating the hires of high-growth new ventures," HFI Working Papers 25, Institute of Retail Economics (Handelns Forskningsinstitut).
    19. Radojko Lukic, 2022. "Analysis of Productivity of Distribution Trade of Selective Countries of the European Union, Russia and Serbia Based on the OCRA Method," REVISTA DE MANAGEMENT COMPARAT INTERNATIONAL/REVIEW OF INTERNATIONAL COMPARATIVE MANAGEMENT, Faculty of Management, Academy of Economic Studies, Bucharest, Romania, vol. 23(1), pages 65-79, March.
    20. Gabriela ÞUÞUEANU & Elena Claudia ªERBAN, 2014. "High Performance Activity Practices in Small Firms in Romania," Economia. Seria Management, Faculty of Management, Academy of Economic Studies, Bucharest, Romania, vol. 17(2), pages 290-303, December.

    More about this item

    Keywords

    SMEs; Strategy; Entrepreneurship; Human Resources Management;
    All these keywords.

    JEL classification:

    • M54 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Personnel Economics - - - Labor Management

    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:rom:rmcimn:v:23:y:2022:i:1:p:80-100. 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: Marian Nastase (email available below). General contact details of provider: https://edirc.repec.org/data/mnasero.html .

    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.