Innovations of Human Resource Management in New Knowledge Economy Times

With the development of advanced technology and the wide use of internet and e-business, human has entered into a new era which is knowledge economy times. One company's competitive advantages are influenced by the knowledge and technique it owns. The focus of competition goes from obtaining nature resource and real capital to achieving various knowledge and intellectual innovations. The determinant factors of competition rely largely on the effective allocation of knowledge recourse. The survival and development of an enterprise increasingly depend on the ability to form high qualified and well trained teams. This requests enterprise possessing excellent employees, with great sensibility of knowledge and technique to constantly update products and services. Therefore, the innovations of human resource management become the vital task for modern enterprise management.