贾康:投资于物终归投资于人

Renowned economist Jia Kang once articulated the insightful principle that ‘investment in things ultimately amounts to investment in people,’ emphasizing that human factors remain central in economic development and resource allocation. He argues that whether it involves infrastructure, technological innovation, or industrial upgrading, all investments in ‘things’ ultimately derive their value through people—their creativity, execution capability, management skills, and consumption power determine the effectiveness and sustainability of any investment. Merely focusing on hardware without nurturing talent, improving institutions, or fostering human well-being often leads to wasted resources and inefficiency. Jia Kang stresses that in an era of high-quality development, greater emphasis should be placed on ‘soft’ investments such as human capital accumulation, educational equity, and social security—elements that genuinely energize society and drive long-term growth. This philosophy not only guides macroeconomic policymaking but also offers valuable insights for corporate strategy and regional planning, reminding us that beyond technology and capital, a people-centered approach remains fundamental.

著名经济学家贾康曾提出‘投资于物终归投资于人’这一深刻观点,强调在经济发展和资源配置过程中,人的因素始终是核心。他认为,无论是基础设施建设、科技创新,还是产业升级,所有对‘物’的投资最终都要通过人来实现价值——人的创造力、执行力、管理能力和消费能力决定了投资的成效与可持续性。单纯追求硬件投入而忽视人才培养、制度优化和人文关怀,往往导致资源浪费与效率低下。贾康指出,在高质量发展阶段,更应注重人力资本积累、教育公平、社会保障等‘软性’投资,因为这些才是真正激发社会活力、推动长期增长的关键。这一理念不仅适用于宏观经济政策制定,也对企业战略、区域发展规划具有重要指导意义,提醒我们在技术与资本之外,始终不能忘记‘以人为本’的根本逻辑。

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