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The Evolutionary Analysis Of Firm's Human Capital Investment In China

Posted on:2006-06-16Degree:MasterType:Thesis
Country:ChinaCandidate:J W LiuFull Text:PDF
GTID:2179360182970134Subject:Western economics
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At present, the demand of firm's human capital investment is very strong, but the supply is serious absence. And the human capital investment theory in existence cannot explain the phenomena. In this paper, we use evolutional economics theory to explain the phenomena, and verify it in data of fact in China.Firstly, basing on the theory of dissipating structure and self-organization in evolutional dynamics, we developed an evolutionary analysis to the firm's labor force allocation mode in our country for the last more than twenty years. And we consider that the firm's labor force allocation mode in our country following an evolutionary process. Its progress is from depending on low-grade and methodic state firm's interior labor force market to out-of-order firm's labor force market which is made up of state, private and foreign firms. And it is possible self-organizing to depending on high-grade and methodic firm's interior and exterior labor force market. Then, Basing on the interaction of three factors which are the firm itself, the relevant organizations and the exterior environment of the firm, this paper develop an evolutionary model of the firm's human capital investment routine. On the basis of the evolutionary analysis, firm's human capital investment is divided into "internal allocation" and "exterior competitive allocation", and it can explain the fact that firms are short of human capital investment seriously in China. Secondly, basing on the analysis of the change course of firm's labor force market in our country after the reform and open policy come into corporation, we compared and verified the present situation that the firm's human capital investment, between the tradition planned economy system time and the time towards modern market economy system, and between state-owned firm and non-public firm in the time towards modern market economy system. We also carried on the description to the new characteristic of firm's human capital investment at present situation. Through compared and verified by using the fact and data in China, the fact that using evolutionary economic can explain the present situation that firm's human capital investment is seriously short during the economy system transition time has been proven. Finally, some policy suggestions were expounded for accelerating economy system's reforming and promotion firm's human capital investment in this paper. Including: enhance the openness of the economical system gradually, speed up the reform of the state-owned firm, maintenance the interact of the firm's non-linearity affects, promote the firm forms the pattern of internal allocation that characteristic as"special human capital", guidance the firm compete on the basis of corporation, provide advantageous external environment for increase human capital investment, and provide concrete feasible implementation plan.
Keywords/Search Tags:Firm's Human Capital Investment, Firm's Labor Force Allocation, Internal Allocation, Exterior Competitive Allocation, Firm's Routine Evolution, Self-organization
PDF Full Text Request
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