What we know about relationship between training and firm performance: a review of literature

This paper reviews theory and empirical findings on the relationship between training and firm performance. We describe the various important theoretical approaches and proposed a framework for analyzing training and firm performance issues. Data from previous studies is used to assess the effects of training on firm performance. The research results show that training has a positive and significant impact on firm performance. Finally, we identify the limitations of these previous studies and directions for future research on this topic.