Soe Budget Constraints And Enterprise Property Right System Of Innovation

The writer believes that the (i1!alJ'S!S of Combining the institutions of prop ei~ rights it' It/i the model of budget restaint is Rey to understand i/ic internal reasons amid i/ic external behaviors of state-owned corporcitioii. Iii reality the basically i,zslitutional reason of budget restraint softening Is i/ic disor(ler of institutions of property rights. Tlzej' hot/i are logically consistent. According to the e i'oltitiotuil I: istory an d 1k egen era! iii n ovati~'e process of imzstitutions of corporation property rig/its, on the b aSIS of time class flea/ion of state-c t'neui com?oratw Ii, taRing 1/ic transaction of property rights (!S a breakthrough, 1/ic reform of state-owned corporation can harden the budget restraint b.v wqy of the innovation of properly' rig/its in order to set up flue morden corporation system in accordance-wjth the corporation nature ai ~ ~ ~. ~~et denzand at last.