Conceptual Framework for Understanding the Interactive Relationship between Human Resource Management, Organizational Culture and Corporate Entrepreneurship

From the global and knowledge economy perspective, focus of the enterprises’ competition is on the competition between human resources and talent attraction and it is noticeable that exalted organizational culture can bring about talent attraction and retention. Relationship between human resource management and organizational culture is mutually influenced, promoted and penetrated; it should be a positive interaction. Organizational culture demands that human resource management pay more attention to humanity management and employee’s personal development in order for employee’s initiative and creativity to be developed. On the other hand, human resource management demands that organizational culture really focus on human and the creation of organizational culture proportionate to the dynamic environment. Hence, this paper presents a conceptual framework, using relevant literature, which indicates how human resource management, organizational culture and corporate entrepreneurship interact with each other so as to put forward a specific way and method of establishing human resource management system based on organizational culture to improve the level of human resource management. Furthermore, this framework shows that the interaction between human resource management and organizational culture may lead to organizational outcomes such as increased corporate entrepreneurship and improved financial and non-financial performance of the organization.