Research Economic Seminar: Talent Management in MSMEs of the aerospace industry – a proposition of a typology

Talent management (TM) is a key for achieving organizational goals and has been studied mainly in large multinational organizations. Although scholars’ interest in TM in micro, small and medium enterprises (MSMEs) is growing, the literature in this area remains fragmented. This paper contributes to TM research by showing a holistic view of TM in the MSME context. Based on 31 in-depth interviews with the top managers of 27 aerospace companies in Luxembourg, we propose a typology of TM in MSMEs. We identify differences in how companies define and manage talent from external and internal talent pools and propose three types of TM, namely, “strategic”, “entrepreneurial” and “emergent”.