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Paul Boselie & Jaap Paauwe

In: The SAGE Handbook of Human Resource Management

Chapter 25: Human Resource Management and the Resource Based View

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Human Resource Management and the Resource Based View
Human resource management and the resource based view
Introduction

According to Delery and Shaw (2001), there is general agreement that (1) human capital can be a source of competitive advantage, (2) that HR practices have the most direct influence on the human capital of a firm, and (3) that the complex nature of HR systems of practice can enhance the inimitability of the system. This view is supported by recent books on strategic HRM (Boxall and Purcell, 2008; Paauwe, 2004). Human resources belong to a firm's most valuable assets. Since the late 1990s there is a growing body of literature focusing on creating (sustained) competitive advantage for organizations through the development of core competences, tacit knowledge and dynamic capabilities ...

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