Section Six
The study, which tested the hypotheses in high-
technology entrepreneurial start-up companies, found no
relationship between human resource planning and
performance. In contrast, compensation leadership was found
to be related to sales growth and measures of innovation, as
predicted by the high-technology literature. Also, as predicted
by the high-technology literature, work environments
emphasizing professional autonomy were found to be
associated with company performance.^29 An important
conclusion from this study is the following:
Researchers interested in the effects of HR
policies and practices on organizational effec-
tiveness are advised to take into account such
contingencies as industrial setting, stage in the
lifecycle, and business strategy. Failure to do so
may result in prescriptions which are inapplicable
or inappropriate in particular settings.^30