Human resource management of new Japanese founders
by Tatsuyoshi Masuda
International Journal of Entrepreneurship and Small Business (IJESB), Vol. 13, No. 4, 2011

Abstract: The purpose of this paper is to identify those factors related to success probability of new Japanese founders, focusing on their human resource management practices. The empirical results using a sample of 1,014 new founders suggest that new founders, who recruit previous co-workers and raise the morale by the merit-based pay system, have higher success probability. Venture business implementations are an essential engine to grow the new founders. Another notable finding shows that low success probability is revealed for the older founders, despite the fact that they recruit previous co-workers and have previous management experience.

Online publication date: Sun, 07-Aug-2011

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