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Handbook of Human Resource Development by Neal F. Chalofsky

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HRD in Smaller Firms

Current Issues, Insights, and Future Directions for Research and Practice

Ciara T. Nolan

Ulster Business School, University of Ulster

Thomas Noel Garavan

Kemmy Business School, University of Limerick

INTRODUCTION

Small and medium-sized enterprises (SMEs) dominate the landscape of modern economies around the globe and are regarded as important engines of economic growth, jobs, and social cohesion (Ram & Edwards, 2010). While recognizing the considerable heterogeneity of firms under the SME label, global statistics show that such firms represent up to 99 per cent of businesses in developed and developing countries (APEC, 2011; ...

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