Factors which cause enterprises to invest in training. The Spanish case

Abstract

The purpose of this study is to detect which variables influence a business when deciding whether or not to invest in the training of its employees. We pay attention to this practice because, as many previous studies suggest, it leads to an increase in worker productivity and because investment in training activities is a manner by which to increase the inimitability of human resources. A Binomial Logit Model is applied to a sample of 94 Spanish businesses from various sectors. The results have allowed us to confirm that businesses following the Porter differentiation strategy invest more in training. We have also reached the conclusion that companies with high percentage of temporary workers do not tend to set up training programmes

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