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Publication Type
Conference Proceedings
UWI Author(s)
Author, Analytic
Cowell, Noel M
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Department of Mangement Studies
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Market competition, human resource development and enterprise competiveness in Jamaica
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Abstract
Employs data from the 1998 Jamaican National Survey of Workplace Practices (JNSWP) to explore the paradox of limited human resource investment in Jamaican business organizations, even when theory and mounting empirical evidence suggest that such investment, judiciously applied, may be the sole remaining source of competitive advantage (Barney, 1991). The next section focuses on the logic and the evidence of a link between human resource development and organisational performance. This is followed by an examination of what the Jamaican National Survey of Workplace Practices (JNSWP) reveals about business perception of the market environment as well as expenditure on workforce training. Also offers some of the possible reasons underlying the paradox of low human resource investment in the context of high market competition. Finally, it examines some implications and future directions for research.....
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