HRM as a key Enabler in Knowledge Creation Process – A Study on Small & Medium Scale Enterprises (SMEs)
Knowledge Management is known as one of the most promising and advanced tools that can contribute to the creation of a sustainable competitive advantage for business today.KM implementation requires various prerequisites such as a substantial information technology platform, specialized personnel, a supportive working environment and supportive organizational structures etc. Those components are considered as KM enablers or KM success factors. In business, KM’s main function is to facilitate the new knowledge creation which, on its turn, becomes the competitive advantage of firms. The present paper focuses on the relationship between HRM practices and knowledge creation. This paper surveys the responses of managers working in SME’s specifically, drawing upon HRM theory and KM theory; we develop a conceptual model that predicts that the critical factors of HR practices, and policies would be associated to knowledge creation capabilities. Using factor analysis and multiple regression the paper concludes that Socialization supports Training & Development, Selection of Employees and Performance Appraisal. Externalization supports compensation reward system and Performance appraisal. Combination doesn’t support the HR Practices. Internalization supports compensation and reward system, training & development and performance appraisal. Therefore this paper highlights the importance of HRM as a key enabler of knowledge creation process.
Keywords- HRM, Knowledge Creation Process, SME’s, Key enabler
Unique Identification Number - IJEDR1903119Page Number(s) - 687-694Pubished in - Volume 7 | Issue 3 | September 2019DOI (Digital Object Identifier) -    Publisher - IJEDR (ISSN - 2321-9939)
Cite this Article
T. Sreenivas,   "HRM as a key Enabler in Knowledge Creation Process – A Study on Small & Medium Scale Enterprises (SMEs)"
, International Journal of Engineering Development and Research (IJEDR), ISSN:2321-9939, Volume.7, Issue 3, pp.687-694, September 2019, Available at :http://www.ijedr.org/papers/IJEDR1903119.pdf