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What we know about relationship between training and firm performance: a review of literature

Author

Listed:
  • Thang, N.
  • Buyens, D.

    (Vlerick Leuven Gent Management School)

Abstract

This 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.

Suggested Citation

  • Thang, N. & Buyens, D., 2008. "What we know about relationship between training and firm performance: a review of literature," Vlerick Leuven Gent Management School Working Paper Series 2009-01, Vlerick Leuven Gent Management School.
  • Handle: RePEc:vlg:vlgwps:2009-01
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    File URL: http://www.vlerick.com/en/9908-VLK/version/default/part/AttachmentData/data/vlgms-wp-2009-01.pdf
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    Cited by:

    1. 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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    Keywords

    Training; Human resource outcomes; Firm performance;

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