企业家人力资本创新的市场激励制度分析

Analysis of the Market Incentive System of the Entrepreneur Innovation

企业家的一个重要职能就是创新,市场制度作为激励创新的一种根本制度,对企业家人力资本从事创新活动起持续性激励作用。经理人市场、资本市场和产品市场对企业家的创新活动都在不同程度上具有激励和约束作用。经理人市场主要通过声誉机制和竞争机制对企业家实施激励和约束;资本市场通过评价、接管和资金融通、产权交易等对企业家的创新进行激励和约束;产品市场通过新产品的市场竞争机制激励企业家从事创新活动。三种市场的创新激励可以相互作用,共同影响企业家的创新活动。

An important function of entrepreneur is innovation.As an essential system of incentive innovation,the market system will incentive entrepreneur to sustainable innovation.Manger market,capital market and product market as well are of some function of incentive and restrain to entrepreneur＇s innovation.Manager market incentive and restrain entrepreneur＇s innovation by reputation mechanism and compete mechanism,the capital market by appraise,take-over and property right transaction,while the product market by compete mechanism of new product.The three kinds of incentives have mutual-function and common-effect on the entrepreneur innovation.