Chapter

Who Has a Better Idea? Innovation, Shared Capitalism, and Human Resources Policies

Erika E. Harden, Douglas L. Kruse and Joseph R. Blasi

in Shared Capitalism at Work

Published by University of Chicago Press

Published in print May 2010 | ISBN: 9780226056951
Published online February 2013 | e-ISBN: 9780226056968 | DOI: http://dx.doi.org/10.7208/chicago/9780226056968.003.0008
Who Has a Better Idea? Innovation, Shared Capitalism, and Human Resources Policies

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This chapter examines the role played by shared capitalism and high performance work policies as a means to achieve innovation outcomes. It also explores a process mechanism, employee alignment, as one way in which shared capitalism and high performance work policies impact innovation outcomes. A culture for innovation can be developed and supported through the use of shared capitalism and high performance work practices. It mentions that moderate support for the importance of pairing shared capitalism and high performance work practices together to achieve the greatest impact on a culture for innovation. Additionally, shared capitalism and high performance work practices work in part by aligning employees around the goals and objectives of the organization. A way to promote employee willingness and ability to contribute innovation ideas is stated to be use of high performance work policies and shared capitalism, both of which had a strong positive relationship with this outcome.

Keywords: innovation; shared capitalism; human resources; work performance; high performance work practices

Chapter.  10886 words.  Illustrated.

Subjects: Economic History

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