Title: Concept, Structure, and Characteristics of Property Right of Human Capital
Abstract: Property right of human capital is a sum total of rights of ownership and its derived rights of use, disposal and revenue. It is a rule that constrains people to execute these rights. In essence, it represents the social and economic relationships of people. The property right is a cluster of rights, including the right of ownership of human capital, the right of disposal, the right of control, the right of use, and the right of revenue. The property right of human capital has attributes such as exclusiveness and decomposition, and it can be transacted. Within a given institutional arrangement, the ownership of human capital can belong to its carrier, or belong to other subjects. In the market economy, once the ownership of human capital is set to its carrier by institution, then the ownership can not be alienated, what has been transferred in the transaction process is its right of disposal and the right of use.
Publication Year: 2000
Publication Date: 2000-01-01
Language: en
Type: article
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