The Impact of Human Resource Management System on Enterprise Sustained Competitive Advantage in Competitive Strategy: The Mediating Role of Human Capital
Zhang Yanli, Liu Shun, Li Weibao

Abstract
Facing the trend and characteristics of "new normal" in China's economic development, enterprises are facing increasingly fierce market competition and more complex problems in human resource management practice. This paper makes an empirical study on the mediating role of human capital in the relationship between human resource management system and sustainable competitive advantage of enterprises through a questionnaire survey of 779 enterprises in China. The results show that, firstly, the human resource management system and human capital need to be differentiated for enterprises to implement different competitive strategies, and secondly, different types of human capital have different energy efficiency in different competitive strategies, the mediating role of internal development human capital adopting in differentiation strategy is greater than external acquisition human capital when implementing cost reduction strategy. The study of this paper provides a practical situation test of the relationship among human resource management system, human capital and sustainable competitive advantage, which can be used for reference for the practice of enterprise management.

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