Focusing on Korean small and medium-sized firms, this paper examines
the relationships between high performance work systems (HPWSs), entrepreneurship
and organizational culture and organizational performance.
The findings reveal that HPWSs and entrepreneurship are significantly related
to performance. Also an interaction effect of organizational culture and
entrepreneurship on performance is found. These results have both theoretical
and practical implications. In accordance with the resource-based view,
sustained superior performance can be attributed to unique capabilities,
such as human resource management (HRM) and entrepreneurship. From
a practical perspective, these findings indicate that HPWSs are applicable in
Korean settings
