The author emphasizes capital generality and capital particularity,capital property and capital ascription from methodology.

More specifically,the issue is how to arrange the control rights and residual returns between two main factor of production:material capital and human capital.

By analysing changes in the production factors, the structure and the formation, the article sums up the claracteristies of material capital and non-material capital contained in the production.

Enterprise s capital,generally speaking,it s classified as material capital and entrepreneur human capital,in the modern enterprise,the entrepreneur human capital is the most important and the scarcest human capital,For the survival and development of enterprises,it plays a decisive role,the features of its property rights must share control of the remaining enterprises and Residual Claim.

Based on the Cobb-Douglas production function and econometric theory,this paper analyses the quantitative relationship between physical capital,human capital and economic growth with the example of Meishan city,and comes to the conclusion that the marginal utility of human capital is far more than that of physical capital.

This paper calculates the physical capital stock,human capital level and human capital stock in the process of economic growth in Zhejiang province between 1978 and 2004.