Research on the Effect of Human Resource Management on Innovation at Vietnam Electricity Corporation
Main Article Content
Abstract
This research aims to analyse the effect of human resource management on innovation and creativity at Vietnam Electricity Corporation. Data from 765 questionnaires from Vietnam Electricity Corporation were processed through SPSS software and AMOS 21, then descriptive statistics, exploratory factor analysis (EFA), confirmatory factor analysis (CFA), SEM analysis and a Bootstrap test were performed. The result shows that the factors of human resource management that affect innovation at EVN include: Recruitment of employees and training and development and performance appraisal. Of these, training and development is the factor that has the strongest impact on innovation and creativity at EVN. At the same time, the research also proposes some policy implications for managers at Vietnam Electricity Corporation to promote the activity of human resource management and innovation to enhance the efficiency of the corporation’s operation.
Keywords:
Human resource management, innovation, creativity, Vietnam Electricity Corporation, EVN, Vietnam.
References
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[3] Samma Faiz Rasool et al., “Pharmaceutical Lemons: Innovation and Regulation in the Drug Industry,” Michigan Telecommunications and Technology Law Review, 14 (1) (2019) 1-41.
[4] Katz, B., “The Integration of Project Management Processes with a Methodology to Manage a Radical Innovation Project,” Diss. Stellenbosch: University of Stellenbosch, 2007.
[5] Manual, O., “The Measurement of Scientific and Technological Activities,” Proposed Guidelines for Collecting an Interpreting Technological Innovation Data, 30 (2005) 1-162.
[6] Delery, J. E., & Doty, D. H., “Modes of Theorizing in Strategic Human Resource Management: Tests of Universalistic, Contingency, and Configurational Performance Predictions,” Academy of Management Journal, 39 (4) (1996) 802-835.
[7] Schuler, R. S., “Strategic Human Resource Management and Industrial Relations,” Human Relations, 42 (2) (1989) 157-184.
[8] Boselie, P., Dietz, G., & Boon, C., “Commonalities and Contradictions in HRM and Performance Research,” Human Resource Management Journal, 15 (3) (2005) 67-94.
[9] Chen, C.-J., & Huang, J.-W., “Strategic Human Resource Practices and Innovation Performance - The Mediating Role of Knowledge Management Capacity,” Journal of Business Research, 62 (1) (2009) 104-114.
[10] Rasool, S.F., Samma, M., Wang, M., Zhao, Y. and Zhang, Y., “How Human Resource Management Practices Translate into Sustainable Organizational Performance: The Mediating Role of Product, Process and Knowledge Innovation,” Psychology Research and Behavior Management, 12 (2019) 1009-1025.
[11] Asif, M., Zhiyong, D., Faiz Rasool, S., & Aftab Madni, M., “Analysis of Motivation Level of L2 Learners in Enhancing Speaking Skill,” European Online Journal of Natural and Social Sciences, 8 (3) (2019) 584-593.
[12] Egan, T. M., “Factors Influencing Individual Creativity in the Workplace: An Examination of Quantitative Empirical Research,” Advances in Developing Human Resources, 7 (2) (2005) 160-181.
[13] Shipton, H., West, M.A., Dawson, J., Birdi, K. and Patterson, M., “HRM as a Predictor of Innovation,” Human Resource Management Journal, 16 (1) (2006) 3-27.
[14] Jiang, J., Wang, S., & Zhao, S., “Does HRM Facilitate Employee Creativity and Organizational Innovation? A Study of Chinese Firms,” The International Journal of Human Resource Management, 23 (19) (2012) 4025-4047.
[15] Lepak, D. P., Liao, H., Chung, Y., & Harden, E. E., “A Conceptual Review of Human Resource Management Systems in Strategic Human Resource Management Research,” Research in Personnel and Human Resources Management, 25 (2006) 217-271.
[16] Farooq, M., Ullah, I., & Hameed, R. M., “HR Practices and Organizational Innovation: the Mediating Role of Knowledge Management Effectiveness,” Journal of Social and Development Sciences, 7 (3) (2016) 50-67.
[17] Ali, M., Lei, S & Wei, X.Y., “Mediating Role of Employee Relations Climate between Strategic-HRM and Organizational Performance: An empirical Study of Chinese Banking Sector,” Journal of Innovation & Knowledge, 3 (3) (2018) 115-122.
[18] Antonucci, T. and Pianta, M., “Employment Effects of Product and Process Innovation in Europe,” International Review of Applied Economics, 16 (3) (2002) 295-307.
[19] Vivarelli, M., “Innovation, Employment and Skills in Advanced and Developing Countries: A Survey of Economic Literature,” Journal of Economic Issues, 48 (1) (2014) 123-154.
[20] Hair, J.F., Anderson, R.E., Tatham, R.L. and Black, W.C., Multivariate Data Analysis, Englewood Cliff, 2019.
[21] Nunnally, J.C. and Bernstein, I.H., Psychometric Theory, New York: McGraw-Hill, 1994.
[22] Tho & Trang, Marketing Scientific Research - SEM Model Application, Labour Publishing House, Hanoi, 2011 (in Vietnamese).
[23] Bentler, P.M. and Bonett, D.G., 1980. Significance tests and goodness of fit in the analysis of covariance structures. Psychological bulletin, 88(3), p.588.
[24] Steiger, J.H., 1998. A note on multiple sample extensions of the RMSEA fit index.
[25] Steenkamp, J.B.E. and Van Trijp, H.C., 1991. The use of LISREL in validating marketing constructs. International Journal of Research in marketing, 8(4), pp.283-299.
[26] Anderson, J.C. and Gerbing, D.W., 1988. Structural equation modeling in practice: A review and recommended two-step approach. Psychological bulletin, 103(3), p.411.
[27] Schumacker, R. E., & Lomax, R. G., A Beginner’s Guide to Structural Equation Modeling, Routledge/Taylor & Francis Group, 2004.