document: Education , training and development policies and practices in medium-sized companies in the UK : do they really influence firm performance ? This paper sets out to examine the relationship between training and firm performance in middle-sized UK companies . It recognises that there is evidence that `` high performance work practices '' appear to be associated with better performance in large US companies , but argues that this relationship is less likely to be present in middle-sized companies . The paper 's key contribution is to justify the wider concept of education , training and development -LRB- ETD -RRB- as applicable to such companies . It then finds that clusters of some ETD variables do appear to be associated with better middle-sized company performance
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