The Relative Importance of Human Resource Management Practices for a Firm's Innovation Performance

KOF Working Papers No. 341

44 Pages Posted: 7 Sep 2013  

Spyros Arvanitis

Swiss Federal Institute of Technology Zurich (ETH) - Swiss Institute for Business Cycle Research (KOF)

Florian Seliger

KOF Swiss Economic Institute

Tobias Stucki

ETH Zürich - Swiss Institute for Business Cycle Research

Date Written: September 6, 2013

Abstract

Human resource management (HRM) practices are generally expected to stimulate a firm’s innovation performance. However, which of these practices do really pay off? Based on a unique dataset that includes detailed information for both a firm’s innovation activities and different types of HRM practices we find that primarily new workplace organization practices seem to enhance a firm’s innovation activities. Flexible practices of working time management and incentive payment schemes show only small effects on both innovation propensity and innovation success. Further training does only affect innovation success, but not innovation propensity. Overall, we find a stronger linkage between innovative HRM practices and innovation propensity than with innovation success.

Keywords: human resource management, workplace organization, innovation performance

JEL Classification: O31

Suggested Citation

Arvanitis, Spyros and Seliger, Florian and Stucki, Tobias, The Relative Importance of Human Resource Management Practices for a Firm's Innovation Performance (September 6, 2013). KOF Working Papers No. 341. Available at SSRN: https://ssrn.com/abstract=2321726 or http://dx.doi.org/10.2139/ssrn.2321726

Spyros Arvanitis (Contact Author)

Swiss Federal Institute of Technology Zurich (ETH) - Swiss Institute for Business Cycle Research (KOF) ( email )

CH-8092 Zurich
Switzerland
+41 44 632 51 68 (Phone)
+41 44 632 13 52 (Fax)

Florian Seliger

KOF Swiss Economic Institute ( email )

Zurich
Switzerland

Tobias Stucki

ETH Zürich - Swiss Institute for Business Cycle Research ( email )

Weinbergstrasse 35
ETH Zentrum
Zurich 8092, 8092
Switzerland

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