With regard to policy-making, an examination of ‘what works’ should provide solid evidence to inform the formulation of support programmes and regulative measures that serve:
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All SME stakeholders
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In SMEs:
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All of the above
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Small firms in general are more likely to be employing:
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A higher percentage of employees from a range of groups that have traditionally faced some form of disadvantage in the labour market
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. Changes relating to HRM practices are often:
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See transitory phases characterised by the coexistence of formality and informality
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SMEs face a host of challenges stemming from:
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All of the above
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Despite the dearth of conclusive evidence-based prescriptions:
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A strategic approach to managing HR is often seen as vital to the success of SMEs
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The likelihood of the presence of HR systems in SMEs:
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All of the above
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Generally, SMEs and smaller firms in particular:
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Tend to lack formal HR systems
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The current trend towards knowledge-intensive industries means that competitiveness increasingly depends on the management of:
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Human capital
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Given the importance of the SME sector for innovation, economic growth and employment generation, its socio-economic role is paramount in:
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Economies throughout the world
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