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Human Resources

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The Palgrave Encyclopedia of Strategic Management

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Abstract

Human resources and the management of human resources (HRM) are critical for the survival, performance and competitive advantage of firms. This entry adopts a strategic perspective about human resources and HRM. It makes a critical distinction between what people have (human capital, a firm resources) and how firms manage the resource (HRM, a firm capability). The value creation process through HRM is then discussed in the light of current approaches to human capital theory and strategic HRM. Finally, some methodological problems relating to the HRM–firm performance linkage are explained.

This entry was originally published on Palgrave Connect under ISBN 978-1-137-49190-9. The content has not been changed.

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Author information

Authors and Affiliations

  1. Institut für Personalwirtschaft, Geschwister-Scholl-Platz – 1, 80539, Munich, Germany

    Ingo Weller

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  1. Ingo Weller
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Correspondence to Ingo Weller .

Editor information

Editors and Affiliations

  1. Stanford University , Stanford, California, USA

    Mie Augier

  2. Tusher Ctr Intellectual Capital, University of California Tusher Ctr Intellectual Capital, Berkeley, California, USA

    David J. Teece

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© 2016 The Author(s)

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Weller, I. (2016). Human Resources. In: Augier, M., Teece, D. (eds) The Palgrave Encyclopedia of Strategic Management. Palgrave Macmillan, London. https://doi.org/10.1057/978-1-349-94848-2_485-1

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  • DOI: https://doi.org/10.1057/978-1-349-94848-2_485-1

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  • Publisher Name: Palgrave Macmillan, London

  • Online ISBN: 978-1-349-94848-2

  • eBook Packages: Springer Reference Business and ManagementReference Module Humanities and Social SciencesReference Module Business, Economics and Social Sciences

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