经历了农业时代、工业时代,我们的社会正在步入知识经济时代。在这一新的经济时代里,劳动力已经具备了资本的形态。人的智慧和创新开始充分地显现出其巨大的能量和价值,人力资本作为生产要素在企业和社会中发挥着越来越重要的作用,成为企业创造超常效益和增值的最基本的源泉。企业想要发展,不仅需要筹集物质方面的资本,更需要筹集人力方面的资本。在知识经济时代,融资管理不仅包括物质资本融资管理,还包括人力资本融资管理。在传统的财务管理理论中,论述了物质资本的杠杆效 Experienced the agricultural age, industrial age, our society is entering the era of knowledge economy. In this new economic era, the labor force already has the form of capital. People’s wisdom and innovation are beginning to fully demonstrate its enormous energy and value. Human capital, as a factor of production, plays an increasingly important role in enterprises and society and becomes the most basic source of extraordinary benefits and added value for enterprises. Enterprises want to develop, not only need to raise material capital, but also need to raise the human capital. In the era of knowledge economy, the financing management includes not only the material capital financing management but also the human capital financing management. In the traditional theory of financial management, discussed the leverage of material capital