不同经济时代要求拥有不同的核心资源，核心资源的拥有对权利结构的安排有重大影响。在知识经济时代，自然资源优势已不再成为一种关键的竞争要素，甚至，资本优势也不再成为一种关键的竞争要素，社会资源的配置是以人才这一智能资源的载体为核心展开的。我国企业改革中的企业所有权安排，应当为知识经济时代的到来，建立宽敞的通道，因而，智能雇佣资本是一种合理的选择 Different economic times require different core resources, and possession of core resources has a significant impact on the arrangement of rights structures. In the era of knowledge-based economy, natural resource advantages no longer become a key competitive factor. Even the capital superiority is no longer a key competitive factor. The allocation of social resources is based on the carrier of the intelligent resource of talents of. The arrangement of enterprise ownership in the reform of enterprises in our country should establish a spacious passage for the advent of the era of knowledge economy. Therefore, the smart employment capital is a reasonable choice