Research On The Mechanism Of Inspiriting And Restricting Enterpriser

Together with the establishment of the modern enterprise system,the modern entrepreneurship circle appeared. The main characteristic of modern enterprise is that their ownership separates from operational right and operational right is grasped by entrepreneurship. To some extent,it is one of the efficiency springhead of modern enterprises to make use of entrepreneurship's human capital. In order to reduce substitutive cost and improve firm's efficiency,there needs to get out of the traditional system and set up a kind of effective encouragement and restriction mechanism which is fit to modern market economy and modern enterprises.Based on the analysis of the definition of property right,property right system,entrepreneurship and human capital,this article discusses the encouragement and restriction functions of the property right system .Entrepreneurship and his human capital ,as one of the scarce resource in this society ,can not only bring about special usefulness to enterprises,but also produce a kind of phenomenon called "governed by internal people". It is essential to encourage and restrict entrepreneurship. Meanwhile .there are two pairs of contradiction in state-owned enterprises in our country ,the reform of these enterprises needs us to establish effective encouragement and restriction mechanism. My article gives a further theoretical discussion on this question. And then,beinging from the main contents of this mechanism and combining with the actual situations,the writer of this article puts forward to some corresponding countermeasures with regard to the perfecting of the present system environment. Yearly Salary System,Executive Stock Options and Management Buy-outs are there sorts of mechanism which are usually used abroad and home .This article makes a in-depth analysis and comparison on them ,and then gives some proposals on how to choose a suited mechanism.VThe encouragement and restriction mechanism of entrepreneurship is a world-wide problem whose research in foreign countries is much earlier than our country. Choosing this topic,the author tries to offer a new direction on the development and utilization of this scarce resource in the society-entrepreneurship.