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HU-Theory and Innovation Motivation in Private Enterprises    

文献类型:会议论文

英文题名:HU-Theory and Innovation Motivation in Private Enterprises

作者:Zhou, Lu-yang[1];Tao, Hong[1]

机构:[1]Shaoxing Univ, Sch Business, Shaoxing 312000, Peoples R China

会议论文集:2nd China Private Economy Innovation International Forum

会议日期:AUG 21-22, 2009

会议地点:Taizhou, PEOPLES R CHINA

语种:英文

外文关键词:Contract target; HU-theory; Technical innovation; Motivation

外文摘要:Enterprises often leverage contract as a motivation mechanism in technical innovation, in which contract target deciding is a big problem. HU-theory successfully sets contract targets for the principals and agents in enterprises. For the sake of the characteristics of targets such as profit, in HU-theory, the part above the contract target that the agent achieves is not fully awarded to the agents. HU theory can be applied in deciding innovation contract target, where the whole amount above the contract target should be awarded to the agents. This model of innovation motivation can also be applied in state-owned enterprises, but in China maybe it is more appropriate for the private enterprises.

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