企业智力资本入股实施研究

知识经济时代,由于智力资本的沉淀成本不可忽略及物质资本的沉淀成本的减少和转移,智力资本参与企业剩余分配的愿望日趋强烈,智力资本入股无疑顺应了时代发展要求。当前,通过智力资本入股参与企业剩余分配,将从"游戏规则"源头上提高劳动所得份额,最根本地激发智力资本创造力,一方面扩大消费需求,消除绝对需求的不足;另一方面,提高有效供给创造性,缓解结构性供求矛盾,并最终促进我国经济向知识和创新驱动模式转型,加快经济发展方式转变。本文对实施智力资本入股必须解决的智力资本量化、智力资本的产权分割、智力资本股东的有限责任承担、智力资本的流动性、企业治理结构重构,以及智力资本入股的实施动力与实施路径选择等相关难点问题进行了较系统的研究。

The Implementation of Enterprise Intellectual Capital Being A Shareholder

In the era of knowledge economy,as the intellectual capital’s sunk cost can not be ignored and the reduction and transfer of the physical capital’s sunk cost,the wishes that the intellectual capital participates in the distribution of the enterprise surplus become increasingly intense,intellectual capital contributive implement conforms to the development requirement of the times.At present,through the way that the intellectual capital contribution participates in the enterprise surplus distribution,it will improve the labor income share from the source of the"game rules",stimulate the intellectual capital creativity in the most fundamental way,thus on the one hand,it will expand consumer demand,eliminate the lack of absolute demand;On the other hand,it will increase effective supply creativity,ease structural contradiction between supply and demand,and ultimately promote China’s economic transformation to the knowledge and innovation-driven model,accelerate the economic development mode shift.This paper makes a systematic study on the difficult issues that must be addressed in the intellectual capital contributive implementation such as the intellectual capital quantization,the intellectual capital property right segmentation,the intellectual capital shareholder’s limited responsibility,the intellectual capital liquidity,the corporate governance structure reconstruction and the driving force and path selection of intellectual capital contributive implement.