Model of Strategic Entrepreneurship by HRM Approach: the Mediating Role of Knowledge Exchange

…..Although there is consensus as to the importance of human resource management (HRM) to entrepreneurship and strategicentrepreneurship, the empirical evidence is mixed and tends to lack a clear theoretical explanation. This paper reviews empirical research linking human resource management (HRM) practices with strategic entrepreneurship, in order to build up a comprehensive model. Data are gathered from 251 top managers and human resource managers in steel industry, and are tested by path analysis. The results suggest that six aspects of HRM practices including, performance evaluations, compensation, job design, cross functional team structure, team-base training, empowerment, and developing entrepreneurial competences are positively affected on strategic entrepreneurship. Also, internal and external exchanges of knowledge and organizational risk taking have a mediator role in the model.