A Study On Entrepreneur Human Capital Restrain By Market

A enterprise in the market is a special contract between human capital and non-human capital'. The special position and role of an entrepreneur in the enterprise makes the contract with the enterprise special, that is, once the entrepreneur signs the contract, he must perform it, otherwise he has to pay for the cost of breakage. In other words, behind the enterprise contract, there is an agreement the contactors must fulfill his promise. As we know, the contract is not perfect. Without strict supervision and control, the entrepreneur will "shut" or reduce, limit the usage of his human capital, do not carry out the contract, thus the interests of the enterprise owner will be infringed on. Constitution, market and self restrain of entrepreneur human capital can force him carry out the contract. The reason that restraining methods have no effect on Chinese state-own enterprise managers and these managers have lower credit of fulfilling promises is that the enterprise contract is non-market one. Therefore, it is one of the new tasks of the state-own enterprise reform to recognize the human capital right of entrepreneur and dispose enterprise human capital by market.