Exploring human capital of Malaysian SMEs

摘要

Intangible resources has been considered to be one of an organization's most valuable assets. Human capital makes up a component of intangible asset. The objective of this study is to investigate the role of human capital in influencing the performance of Malaysian SMEs. 115 owner-managers of SMEs were surveyed. Results show that among different sizes of SMEs (micro, small and medium) there were no statistical significant differences in human capital and performance. Additionally, human capital impacts SME performance and is an important determinant of business performance.