초록
영어
This study examines the relationship between HRM and firm performance. Especially this study reviewed 'how' HRM enhance firm performance, and if HRM enhance firm performance, then why such HRM does not diffuse rapidly? With the first question, we examined 3 mechanism that is through structural effect, individual motivation and capability, and as a strategic asset HRM system create sustained competitive advantage. In addition we pointed out that cost of HRM adoption, functional-equivalent of HRM, employee welfare, and external effect of HRM practices should be incorporated in future studies. As barriers of HRM diffusion, we examined complementarities of HRM practices, switching cost, managers belief and myopic behavior, and institutional factors such as corporate governance, industrial relations system, and national education and training system. In addition we pointed out that HRM diffusion will show difference by countries because institutions are differ by countries. So institutional difference should be considered in future studies.