Study On Cooperation&Innovation Of RJVs In View Of Function, System And Performance

Under the development of new era and new economy, every developed country increase inputs into high-tech, education and R&D areas in order to foster their capability of innovation and enhance their competitive power. Nowadays ever business is trying to combine economy and technology through cooperation, every region is trying to form building-up effect through industry embedding, and every country is trying to introduce foreign investment rationally through the combination of trade and investment. The effect of linkage among business-cooperation, industry-upgrade, region-innovation and country-development could achieve spill over of technology, transformation of production of technology and independent innovation.Today a brand new form of business—RJVs is developing vigorously in many developed countries. RJVs is made up of two or more than two businesses through cooperation in R&D, which developing, taking on risks and sharing profits together and cooperating innovation in R&D while competing with each other in the market.So how could RJVs play an important role in transforming pattern of growth in Chinese reform as a new route of innovation and a form of utilization of foreign capital, which is the genesis of the research. And the title is subproject of The National Social Science Fund Project.Firstly, through studying the relevant literatures of RJVs home and abroad, the research could find the gaps as the aspects. Relevant literatures of RJVs are about theory and empirical study of definition, connotation, members, category, incentive and reasons, ventures, scale and stability, performance and relevant influences, models, methods, industry embeddings of RJVs and so on.Secondly, through comparing RJVs models and traits in developed countries, the research tries to discuss rationality and progress of RJVs from the two points of views of technology and cooperation network. On the basis of front analysis, the research analyzes system design of RJVs, and then takes Tianjin Binhai New Area as the example to analyze its system design from the standpoint of industry embedding in the region and build a3-stage game model to analyze the mechanism of action of RJVs, which will provide further study of RJVs system design and independent innovation strategy with basis of theory and reality. Thirdly, through studying relevant theories of transformations of R&D of RJVs, the research compares international routes of RJVs transformations of R&D from the standpoint of induction of policy system, which offers advanced experiences and inspiration to RJVs development in China. The research also builds a theory model to analyze the models and profits of cooperation and division in RJVs transformations of R&D. The research tries to design targets and model to discuss the performance of RJVs transformations of R&D from the point of view of cooperation network, technology innovation and diversion and management of knowledge. The research tries to discuss system base of RJVs, traits of structure and its stability of division and cooperation within industry, and the impacts on internal and external spill-over and the relationship between system design and performance of cooperation.Fourthly, the research tries to analyze the pattern of utilization of foreign capital of RJVs and factors which can affect performance of RJVs, and then build a general model for evaluating performance of operation which would indicate determinants of performance of operation of RJVs from the standpoint of trust, consistency of aims, conflict managing and so on and discuss the targets of performance, such as survival and stability of RJVs, performance of finance, entire satisfaction, achievement of aims of R&D, organization learning. The research also tries to analyze spill-over for forward direction and opposite direction of RJVs. And then discuss two forms of spill-over and absorbing of technology. One form is foreign businesses set up RJVs in the home country; another form is home businesses set up RJVs in the foreign countries. These analyses could enrich patterns of utilization of foreign capital of RJVs and provide the development of RJVs in China with practical guidance.Fivthly, after analyzing current situation and significance of RJVs development in China, the research focuses on the restraints of RJVs as a pattern of cooperating innovation and utilization of foreign capital, its developing direction. Last the research tries to put forward some suggestions and advices for RJVs development in China so as to foster transformation of R&D, exert the function of combination of trade and investment and set up the platform for independent innovation.Based on the aforementioned analysis from the point view of region, industry and business, RJVs is a key route for technology innovation and transformation of R&D, an important pattern for combination of trade and investment, a practice for integration of economy and technology, a key factor for advancing Chinese industry level through national capitalization of technology standards and holding initiatives for economic activities, and a vital system design for achieving independent innovation in China. The research provides theoretical and practical base of analyzing to achieve transformation of R&D, integration of trade and investment, utilization of foreign capital, improve industry, energy level of production factors and system quality and construct independent innovation for regions and country.