More evidence on the value of Chinese workers' psychological capital: A potentially unlimited competitive resource?

Abstract

As China continues its unprecedented economic growth and emergence as a world power, new solutions must be forthcoming to meet the accompanying challenges. We propose a positive approach to Chinese HRM that recognizes, develops and manages the psychological capital (PsyCap) of workers. After providing a brief overview of hope, efficacy, optimism, resilience and overall PsyCap in today's Chinese context, the results of a follow-up study provide further evidence that the PsyCap of Chinese workers is related to their performance. The implications that this evidence-based value of Chinese workers' psychological capital has for China now and into the future concludes this study.

Keywords:

• China
• employee
• human resource management (HRM)
• performance
• psychological capital