Open AccessEmpirical Study of Technological Factors Being Involved in Income Distribution --An Example of Gansu Province
Author(s) -
Liqun Li
Publication year - 2017
Publication title -
international journal of financial research
Language(s) - English
Resource type - Journals
eISSN - 1923-4031
pISSN - 1923-4023
DOI - 10.5430/ijfr.v8n2p182
Subject(s) - promotion (chess) , distribution (mathematics) , incentive , human capital , income distribution , technological change , economics , work (physics) , phenomenon , ignorance , business , economic system , industrial organization , economic growth , microeconomics , inequality , macroeconomics , mechanical engineering , mathematical analysis , philosophy , physics , mathematics , engineering , epistemology , quantum mechanics , politics , political science , law
Involvement of technological factors in income distribution according to their contributions is an intrinsic requirement of the market economy, and also an objective requirement for promotion of technological innovations and realization of effective allocation of resources. However, many problems emerged in China's enterprises and public institutions, higher education institutions and research institutes during their growth and development, these problems include: "Insider control", "59 Years Old Phenomenon", Low Work Efficiency and severe brain drain etc. These issues were caused by many factors, one key factor is the incomplete distribution incentive mechanism which is, in fact, an ignorance of the value of human capital. Through field investigation of technological factors involving in income distribution in Gansu Province, this article analyzed related data, had a conclusion and proposed some issues in the distribution mode.