Conceptions of Human Resource Management and Training in SMEs of Eastern Macedonia and Thrace

Journal of Management and Strategy. Vol. 11, No. 4, pp. 21-40.

20 Pages Posted: 20 Feb 2021

See all articles by Charis Vlados

Charis Vlados

Democritus University of Thrace, Department of Economics

Dimos Chatzinikolaou

Democritus University of Thrace, Department of Economics

Theodore Koutroukis

affiliation not provided to SSRN

Angelika Kokkinaki

School of Business Department of Management and MIS

Ioanna Tsarpa

Department of Economics

Date Written: December 10, 2020

Abstract

Human resource management and continuing training are prerequisites for business innovation, especially when the fourth industrial revolution causes the rapid emergence of knowledge-intensive professions and the constraint of older ones. This article examines how human resources, in-business training, and educational needs are significant parts of entrepreneurial innovation and business development. We present field research that we conducted in the business ecosystem of Eastern Macedonia and Thrace, which is a less competitive region of Greece and Europe. After examining the region’s economic profile, we continue with field research results in its retail sector. Our findings suggest that these businesses desire and search for more systematic actions towards training enhancement and human resource management upgrading. Thus, we propose a policy mechanism that could function as a “business clinic” for the region, including the diagnosis of needs and “therapeutic” intervention in terms of education and knowledge. This local development policy could create a growth spiral for the entire socio-economic spatialized system.

Keywords: Human Resource Management, Professional Training, Business Education, Eastern Macedonia and Thrace, Retail Firms, Institutes of Local Development and Innovation, Fourth Industrial Revolution

Suggested Citation

Vlados, Charis and Chatzinikolaou, Dimos and Koutroukis, Theodore and Kokkinaki, Angelika and Tsarpa, Ioanna, Conceptions of Human Resource Management and Training in SMEs of Eastern Macedonia and Thrace (December 10, 2020). Journal of Management and Strategy. Vol. 11, No. 4, pp. 21-40., Available at SSRN: https://ssrn.com/abstract=3746982

Charis Vlados (Contact Author)

Democritus University of Thrace, Department of Economics ( email )

Komotini
Greece

Dimos Chatzinikolaou

Democritus University of Thrace, Department of Economics ( email )

Komotini
Greece

Theodore Koutroukis

affiliation not provided to SSRN

Angelika Kokkinaki

School of Business Department of Management and MIS ( email )

46 Makedonitissas Avenue
Nicosia, Nicosia 24005
Cyprus

Ioanna Tsarpa

Department of Economics ( email )

Greece

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