【作者】 张明；

【导师】 史振磊；

【作者基本信息】 北京交通大学 ， 劳动经济学， 2006， 硕士

【摘要】 21世纪是知识经济的时代,世界经济将进入主要以人力资本为依托的经济增长时期。企业人力资本投资对提高企业人力资本存量和企业竞争力具有极其重要的作用。鉴于此,人力资本的研究再一次被各国学术界所重视。伴随着人力资本理论的发展,越来越多的学者认识到人力资本的资产特征或属性,并认为人力资本的投资成本、收益分析以及风险报酬是评价人力资本的重要因素,尤其是在企业。随着我国经济的持续发展,人力资本在国民经济、企业生产经营管理中的作用已被我国学术界所认识,并且正成为我国研究的重点课题。但是,由于我国人力资本市场尚处于一个相当不成熟的阶段,所以,大多数的研究主要集中在两个方面。一方面,大多数的研究主要停留在人力资本的基本属性及人力资本对经济的重要作用方面,很少就人力资本的资产特征与成本收益问题进行评估。这样,有市无价,有投入无产出的问题就成为我国目前人力资本研究的主要问题;另一方面,很多学者主要从宏观的视角研究人力资本投资与经济增长的关系,但在微观上,从企业发展角度不多,因而对企业实际的指导性不强。本文较为系统地阐述了企业人力资本投资的内涵、特征和基本要素,分析了企业人力资本形成与使用过程的特点,指出了企业人力资本投资决策与企业物质资本投资决策的本质差别,从企业角度构建了企业人力资本投资模式。论文1、2章分析了问题的研究背景,提出了本选题的理论及现实意义,并说明了本文的研究框架及创新点。介绍并评述了国内外相关研究的现状与进展,及对本文的借鉴作用。第3章介绍了企业人力资本投资决策的理论。分析了人力资本及人力资本投资的内涵、特征、基本要素,强调了人力资本的“资本”属性。分析了企业人力资本形成与使用过程的特点,并分析了企业人力资本投资所要考虑的因素,即时间和风险。最后分析了企业人力资本投资的成本与收益。第4章提出了建立了决策模型并分析了企业人力资本投资决策方法的选择。首先对企业人力资本投资的平均收益现值和超额收益现值进行了估算,并在此基础上构建了企业人力资本投资决策模型。最后通过案例分析的方式对企业投资决策方法的选择加以分析。第5章为结论。更多还原

【Abstract】 In the 21st century, the world economy is stepping towards the stage of the economic growth based on human capital. The core of competition among enterprises will be based on their human resource development and management. The investment in human capital is of great importance for increasing enterprise competitive capacity and its human capital stock. As a result, researchers from all over the world have emphasized on human capital. With the development of human capital, many researchers realized the assets character of human capital. They thought that the concept of human capital’s cost,analysis of cost-profit and risk return are very important on evaluating human capital especially in enterprise.With the ever increasing development in our country’s economy, the effects of human capital on economy has been already realized by Chinese economists and are gradually becoming key research subjects. Owing to the underdevelopment of human capital market in our country, we found that most of the researches mainly focused on nature of human capital and the important influence of human capital exerted on economic development, but few analyzed how to evaluate the cost and profit of human capital. It becomes the principal problem in human capital research that we have the market without price, investment without output. On the one hand, it had been discussed fully as views from macroeconomic; on the other hand, few researches had been done as views from microeconomic. Consequently, it is less instructional to enterprise. At the beginning of this dissertation, the author firstly spells out the meanings, specialties and basic factors of the Firm Human Capital Investment, analyzes the process of the Firm Human Capital formation and utilization, which are based on the systematic review of the accomplished results of human capital research, and then establishes the Firm Human Capital Investment model in the view of the firm. The first and second chapters discuss the background and content of the issue, and put forward the theoretical and realistic sense. At this part, we comment on the related literatures, both domestic and oversea, and figure out the reference effect of these literatures.The third chapter introduces some theories about human capital investment. Discuss the intension, characters, and factors of human capital and human capital investment. We emphasize the assets character of human capital. Analyzes the更多还原