Research on Human Resource Accounting Based on Value Chain

The requirements of management practice make the research of human resource accounting popular. But the difficulty of calculation hinders the implementation of human resource accounting. The paper selects observes the crossing field of management and economics, human resource accounting based on value chain. The paper explains that the present human resource accounting measurement should be innovated, and proposes that the human capital can be divided into general human capital and critical human capital according to the role on value chain, and makes color measurement. The concept of value chain was firstly proposed in the book of competitive advantage by Michal Porter in 1985. Reconsidered that the value chains of enterprises consist of a series of interconnected and inter-separated tasks including the design, production, marketing and distribution of products. The value chain with a certain level is the combination of various activities of enterprises in a specific industry. Although the enterprises in the same industry have similar value chains, the value chains between competitors are different, and the difference is the key source of competitive advantage. With the development of economy, the times assign the new and rick connotation on value chain.