The Growth Of A Firm And The Institutions Evolution Of The Firm Income Distributions

Income distributions in a firm attract much attention in a new era. This paper analyses the evolution on the institutions of income distribution from the aspect of the growth of firm. And both of them are closed together with united institutions of property rights. The process is that the resources of a firm are developing along with the growth of a firm. And it is the basic source of a firm in a competitive world. Based on resources, this development has three stages, material-based stage, capacity-based stage, and knowledge-based stage. The evolution of competitive heterogeneous resources need united institutions of property rights. The real idea of this paper is the growth of firm is based on the development of united institutions of property rights, and from the analysis of the characteristics of labor property rights, factor property rights. The arrangements of united institutions of property rights can accelerate cooperation. This paper analyses the surplus cooperative distribution from the competitive game of factor property rights, and from the competitive game of factor property rights and labor property rights. Factor property rights are based on the efforts of the owners of factors, so the surplus cooperative income distributions in a firm should consider the contributions. However, labor property rights are collective property rights, so they are should be distributed equally. The owners of human capital property rights and labor property rights can get more in income distributions in a firm because they contribute much than others in the growth of a firm. The specific distributions have three stages, the distributions among firms, the distributions of both property rights, and the distributions inter the united property rights. Besides , this paper studies different forms of organization on new enterprises,such as knowledge-based enterprises, technology-based on enterprises, and labor- based enterprises. And this paper gives some advices to the problem on income distributions in a firm.