试论企业人力资本的投资效应

人力资本作为一种新的资本形式，其作用和价值已被资本市场、劳动力市场和CEO们所充分认识。企业由货币资本获取与投资的单一形式，已经转到人力资本加上货币资本获取与投资的多元化竞争形式。本文试对企业人力资本投资所产生的经济效应、管理效应和社会效应进行分析。

Discussion on the Human Capital Investment Effects

A s one ofthe new investm entstyles,the value and effectofthe hum an capitalhas been fully accepted by the capitalm arket,labor m arketand CEO s.The single form ofobtaining and investing the m oney capitalby the enterprises has transform ed into the m ultiple com petitive form of obtaining and investing the hum an capital plus the m oney capital.This papertriesto analyzesthe econom ic effect,m anagerialeffectand socialeffectcaused by the hum an capitalofthe enterprises.