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The Human Capital Characteristics of Entrepreneur and the Realization of Its Value

Author: HaoWeiMing
Tutor: TuJin
School: Southwest Jiaotong University
Course: Technology Economics and Management
Keywords: entrepreneur human capital of entrepreneur property right of human capital value
CLC: F272.91
Type: Master's thesis
Year: 2003
Downloads: 377
Quote: 5
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Abstract


The most scare resource in the market economy is the entrepreneur who is the key factor for deepening reform. The exertion of entrepreneur’s role depends on the realization of human capital value, while it is the precondition to fully exactly understand the human capital characteristics of enterprisers.Although there are bundles of useful researches on the human capital in the academia, the studies on the characteristic of capital value of entrepreneur are not enough and some of these on the relationship between capital ofentrepreneur and enterprise deflect the basic proposition------the capital valueof entrepreneur.This dissertation studied on the feature of entrepreneur human capital value under the background of the reform of state-owned enterprise in the period of shunting economy. This paper discusses the paths and conditions to realize capital value of entrepreneur.This paper deeply analyzes capital value of entrepreneur. Fist of all, the paper comments briefly on the existing definition for entrepreneur and human capital. Then it redefines these concepts and affirms that the nature or root of human capital is the labor force. Based on these concepts this paper puts forward a new definition for capital value of entrepreneur and specifically analyzes its character, connotation of value and formation.Second, this dissertation discusses the particular value, functions of entrepreneur human capital. It also researches on the relationship between the employing of productive human capital, social capital and motivating capital and the achievements of enterprises. Thus this paper expatiates the particular role of entrepreneur capita in the process of value creation.Third, to make a proper price for capital value of entrepreneur is a basic way to incent its realization, because entrepreneurs obtain wage by transferring his use value of human capital. While this paper discusses the limitation of existing method of pricing for entrepreneur, this paper illustrates the mechanism of pricing for capital value of entrepreneur based on the property right of human capital in the market economy.At last, to successfully realize the capital value of entrepreneur needs a rational allocation of institution to create real-life space and sound institutional environment for it. Combining the current situation for the state-owned enterprise this paper expatiates that it should build corporation governance that regards the entrepreneur as its core. It includes the corresponding effective incentive and constraint mechanisms for enterprise managers and the marketing allocation system of enterpriser. The structure of improvement is an effective institution to create a sound macro and microcosmic environment that makes it possible for.

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CLC: > Economic > Economic planning and management > Enterprise economy > Enterprise planning and management decision - making > Corporate Administration > Business leaders
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