The Effects of High Performance Work Systems, Entrepreneurship and Organizational Culture on Organizational Performance

Abstract

Focusing on Korean small and medium-sized firms, this paper examines

the relationships between high performance work systems (HPWSs), entrepreneurship

and organizational culture and organizational performance.

The findings reveal that HPWSs and entrepreneurship are significantly related

to performance. Also an interaction effect of organizational culture and

entrepreneurship on performance is found. These results have both theoretical

and practical implications. In accordance with the resource-based view,

sustained superior performance can be attributed to unique capabilities,

such as human resource management (HRM) and entrepreneurship. From

a practical perspective, these findings indicate that HPWSs are applicable in

Korean settings.