无形资本

It is the modern society adapts the socialized big production producer goods organization form, the stock is society returns, producer goods (including capital, technology, management, trademark brand and so on visible and intangible asset) the stock, is thin, lets the social public have, the circulation transaction, can maximum limit optimize the capital the effective disposition, the promotion productive forces development.

它是现代社会适应社会化大生产的生产资料组织形式，股份化就是社会化，生产资料（包括资本、技术、管理、商标品牌等有形和无形资产）的股份化、细化，让社会公众持有、流通交易，能够最大限度地优化资本的有效配置，促进生产力的发展。

With the development ofscience and technology,the author believed it could be measured for labor valuethrough the patterns of time commensuration,input commensuration and outputcommensuration;and it could be confirmed for immaterial value absorbed by materialcapital through comparing the production rate of different enterprises,therefore,it mustlead to the fact that equal capital obtains equal profit,which can explain thetransformation problems of economics.

本文认为，物化资本吸收的无形价值可以通过比较不同企业的劳动生产率来确定，因而必然表现为等量资本获得等量利润，由此可以解释经济学中的转形问题。

Now some methods deciding discount rate are illogic,some can not to calculate a few important parameter thereinto.

智力资本是使公司得以运行的所有无形资产的总和，是能够被转化为利润的知识。

In the same time, this paper measures the production functions of each industry, the result is the industries capital efficiency low, the margin efficiency of capital is low, especially attach little importance to the immateriality capital.

同时本文还利用截面数据度量了股票市场各个行业的生产函数，认为我国股票市场的行业资源利用效率低下，资本的边际效率水平不高，尤其对于无形资产不够重视。

Constant capital can be classified into corporeal and incorporeal capitals;essentially,technological progress can replace incorporeal constant capital with corporeal one,and based on this,establish coincident index of capital organic composition .

不变资本可以划分为有形不变资本和无形不变资本；技术进步的实质是用无形的不变资本替代有形的不变资本；以此为依据，建立资本有机构成同步指数概念。

With the coming of knowledge economy, invisible assets are taking more and more proportion of the total capital of one enterprise.

随着无形资产在企业总资产中所占的比例越来越大，无形资产的资本化运营也越来越重要。

In the era of knowledge economy, relative to the conventional material capital, intelligence capital is potential invisible assets, which can bring to the increment to the enterprise.

在知识经济时代，智力资本是相对于传统的物质资本而言的，它是一种潜在的能够为企业带来长期价值增值的无形资产。

The importance of the enterprise middleman's motive power and people's quality seems especially important, invisible intelligence assets become the largest capital of new-type enterprises, is the important...

企业中人的原动力和人的素质的重要性显得尤其重要，无形的智力资产成为新型企业的最大资本，是现代管理的重要内容。

So we are necessary to make the fact and value judgment of the intangible assets of transition economy, especially the intangible assets of new high-tech enterprise, and then define the special function of intangible assets valuation.

所以，我们有必要对转型经济中的无形资产，特别是高新技术企业无形资产资本化实践作出事实和价值判断，进而明确无形资产评估在该过程中的特殊作用。

by means of literature data, the authors studied the current state of and reasons for the definition of human capital of current cba players, as well as why the proprietorship of human capital of the players should be defined uniquely, and revealed the following findings: the proprietorship of human capital of the players does not belong to the players themselves, which is caused by the incompleteness of the player registration and transfer system and intangible asset development systems.

社会资本？人力资本与内生经济增长摘要：对目前cba运动员人力资本所有权界定的现状及原因，以及所有权为什么要唯一界定给运动员进行研究。结果表明：cba运动员人力资本所有权不属于运动员；运动员注册转会制度及无形资产开发方面的制度不完善导致所有权未能归属运动员本人。

On closer examination, though, this is not a vote for multilateralism but just the opposite.

仔细审视后我们发现，这并非是对多边主义投出的赞成票，而是恰好相反。

Uncovering their weak spots, so I can defeat them.

揭露出他们的弱点，这样我就可以打败他们了。