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2002•Renkou yu jingjiRequires access

A Comprehensive Literature Review and Interpretation of Property Rights of Human Capital

Lu Wang

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Abstract

Based on a comprehensive review on the domestic literature about property rights of human capital, this paper concludes with:(1)that the principle, “the investors nust be the owners”, is always applicable to ownership of human capitals. In other words, human capital may belong to multiple owners in stead of being restricted to the capital carrier only;(2)that the benefit rights of human capital, which are related to whether human capital can and how to share the profits in an enterprise, do not equal to the ownership rights of the enterprise. Connecting property rights of human capital with the ownership rights in study is wrong.

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Based on a comprehensive review on the domestic literature about property rights of human capital, this paper concludes with:(1)that the principle, “the investors nust be the owners”, is always applicable to ownership of human capitals. In other words, human capital may belong to multiple owners in stead of being restricted to the capital carrier only;(2)that the benefit rights of human capital, which are related to whether human capital can and how to share the profits in an enterprise, do not equal to the ownership rights of the enterprise. Connecting property rights of human capital with the ownership rights in study is wrong.

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Available abstract

Based on a comprehensive review on the domestic literature about property rights of human capital, this paper concludes with:(1)that the principle, “the investors nust be the owners”, is always applicable to ownership of human capitals. In other words, human capital may belong to multiple owners in stead of being restricted to the capital carrier only;(2)that the benefit rights of human capital, which are related to whether human capital can and how to share the profits in an enterprise, do not equal to the ownership rights of the enterprise. Connecting property rights of human capital with the ownership rights in study is wrong.

Key concepts: Property rights, Human capital, Business, Interpretation (philosophy), Individual capital, Human rights, Capital (architecture), Financial capital

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