现代企业是资本所有权与经营权相分离的产物，是资本所有者委托职业经理经营的实体。
The modern enterprise is the production of the capital property rights and the management power separation, and the entity which capital owner entrusts professional managers to operate.
人力资本产权是一组权利束，包括人力资本所有权、支配权、处置权、使用权和收益权等。
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.
在既定的经济技术和制度环境下，只要企业所有权安排得当，任何与其经济技术和制度环境相适应的资本所有制形式都是可以有效的。
Under the vested economic, technological, and institutional environments, any capital ownership forms adaptive to as above may be effective, only if the assignment of firm ownership is appropriate.
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