Theoretical Analysis and System Designing about Equity Contribution of Intellectual Capital

The main conflict in the modern enterprises is to dispose the relationship between financial capital and intellectual capital. Owners of intellectual capital gain some equity interest through incentives mechanism, but they are not the true capital investors. Analysis of property rights, value character and feasibility of capital contribution indicates that if the defect of intellectual capital can be overcome by institution designing, the main conflict in the modern enterprises may be settled more, as the intellectual capital can be contributed as the financial capital.