The importance of the arrangement of property rights comes from incomplete contracts in reality.

企业是一系列合同的契约网络，产权安排的重要性来自于现实世界中的不完全合同。

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An enterprise is the nexus of a series of contracts. The importance of the arrangement of property rights comes from incomplete contracts in reality.

企业是一系列合同的契约网络，产权安排的重要性来自于现实世界中的不完全合同。

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Construction of property right system of recycling economy includes three levels: definition of property rights, arrangement of transaction rights and construction of property right deal system.

循环经济产权制度建设包括三个层次：产权的界定、交易权的安排、产权交易制度的建立。

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