Selecting HR tools for inspiring innovation in MNC

Abstract

The aim of this thesis is to discover which human resource management practices were used in the observed innovation-based firms and case companies in order to suggest the human resource tools that could be utilized under each HRM practices for Multinational Corporations, therefore contributing to their innovations. The empirical part of the thesis is based on the statistical analysis of survey results and benchmarked with the case companies. The data was collected by questionnaire for 50 innovation-based Russian companies. The results indicate that training and hiring related practices has positive relation with innovation performance of observed firms, also illustrate certain HRM practices that the innovation-based companies used. Finally, the human resource tools are suggested under each HRM practices for MNC to contribute to its innovation.