Innovation in Australian Small and Medium Enterprises: Contributions from Strategic Human Resource Management
Matthews, Judy H. (2002) Innovation in Australian Small and Medium Enterprises: Contributions from Strategic Human Resource Management. Asia Pacific Journal of Human Resources, 40(2), pp. 193-204.
Organisations are constantly seeking new ways to grow and prosper in a complex
competitive world. Many companies achieve success by maintaining or increasing
their rate of innovation, and organisational approaches to innovation vary
according to industry and context.
Innovation is a multi-faceted process that incorporates creativity, invention and
commercialisation. Above all, innovation is a social process, where both
individuals and systems are important dynamic elements. This paper provides a
brief overview of innovation in the Australian context of small to medium
enterprises, summarises some of the human resource and strategic contributions
that assist organisational innovation, and proposes areas of future research.
Findings confirm that innovative Australian SMEs display strategic human
resource management related practices such as career development, ongoing
learning and development and strategic rewards.
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