【摘要】 选取2009-2014上市公司大样本数据,从多个视角实证分析了技术资本、人力资本对综合绩效的影响。全样本显示,技术资本、人力资本与短期、长期绩效均显著正相关,且两者表现出明显的替代性。分样本显示,企业股权性质与注册地域不同,结论存在明显差异。国有企业的人力资本对长期绩效的作用较为显著,但技术的持续作用不明显,非国有企业恰恰相反。另外,东部地域企业,技术与人力的相互调节关系及对绩效的影响力最强,中西部略弱一些。基于以上结论,最后提出参考建议。更多还原

【Abstract】 By choosing the large sample data of listed companies in 2009-2013,this paper empirically analyzes the effect of technology capital and human capital on comprehensive performance from multiple angles. The full sample displays that technology capital and human capital have obvious positive relationships with short-term and long-term performance and mutual substitution is obvious. The sub-sample shows that if enterprise nature and registered regions are different,there are obvious differences in conclusion. Human capital in state-owned enterprise has a significant effect on long-term performance,but technology continuous effect is not obvious. Non-state-owned enterprise is the opposite. In addition,in eastern regions,human and technology have highest correlation with performance as well as mutual adjusting relationship,the central and west region is weaker.Based on the above conclusions,the paper finally puts forward some suggestions for reference.更多还原