经典的合约理论认为企业的本质在于用要素交易的合约替代产品交易的合约。
Classical contracting theory believes that the essence of enterprise is replacing the contracting of the product trade by the contracting of the factor trade.
新制度经济学的“企业不完备合约”理论与马克思雇用劳动理论都聚焦于企业要素交换的研究。
The uncompleted contracts theory of new institutional economics and Marxian goods theory of labor both focus on the research of enterprises factors' exchange.
从合约理论来看，代理行是一种市场合约，海外分行是一种企业合约。
The agency is a kind of market contract while overseas branch is enterprise contract in terms of contract theory.
现代企业理论认为企业是一系列合约的联结。
Modern firm theory considers that the firm is a nexus of contracts.
根据企业的契约理论与企业家异质型人力资本理论，企业乃是一个异质型人力资本、同质型人力资本及非人力资本的复杂合约。
The firm is one complex contract between idiosyncratic human capital and coessential human capital. We want to argue that it is optimal for idiosyncratic human capital to be the principal.
根据企业的契约理论与企业家异质型人力资本理论，企业乃是一个异质型人力资本、同质型人力资本及非人力资本的复杂合约。
The firm is one complex contract between idiosyncratic human capital and coessential human capital. We want to argue that it is optimal for idiosyncratic human capital to be the principal.
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