Study On The Symbiosis System Stability Of Pension Real Estate Cross-border Alliance

Pension real estate development and management features make the traditional real estate enterprises can hardly handle alone, so real estate development companies, investors and professional pension operators form cross-border alliance has become an important way to solve the development of China’s pension real estate. But alliance failure rate remains high, so the stability becomes the key. This study introduces symbiosis theory and deems the alliance as symbiotic system, then seeks the ideal achievable symbiosis stability and the stability conditions, hope to guide and construct a symbiotic stabilization pension real estate cross-border alliance suitable in domestic.Firstly, this paper demonstrates the feasibility of application the Symbiosis Theory on pension real estate cross-border alliance stability study, then definites and elaborates the basic concepts and principles involved in detail. Especially the specific implement on the three elements symbiosis(unit, model and environment) construct a complete symbiotic system. Furthermore analyze alliance stability connotations and extract measurement method, and we think select "Logistic Model + Lyapunov Stability" analysis method is more suitable for the stability analysis of pension real estate alliance study through comparing multiple ecosystem stability metrics, which lay clear foundation for further study.Secondly, starting from symbiosis mode which is the critical of symbiosis system, symbiotic organization model and symbiotic behavior model to analyze and compare them specificly and respectively, combined with features of cross-border alliances. Then this paper conducts stability trend analysis of alliance symbiosis model composed by symbiotic organization model and symbiotic behavior, and obtains that integration mutualism symmetric mode is the most stable mode.Thirdly, construct three-dimensional Lotka-Volterra theoretical model by extending the logistic model, and apply Lyapunov stability system analysis method to get alliance stable equilibrium point and stability conditions. Through reason analysis of the stable equilibrium point deformation, demonstrate the alliance can achieve mutual stability and sustainability. By adopting resolution, distortion factor extraction and mathematical methods combined with relevant economic theory and enterprise alliance theory to parse stable condition, this paper certains that the key requirements for stability of alliance symbiosis system, and provides direction to construct a realistic stable alliance.Fourthly, taking the acquired stable conditions as guide combined with stability requirements required by symbiotic unit and symbiotic environment, this paper splits and combinates the stability region into specific alliance operating mechanism to ensure the stable requirements’ satisfy and realization. Through above analysis, the conclusion comes to that the key to achieve stability are the four requirements and mechanism: alliance mode selection, partner selection mechanism, the coordination mechanism between benenfits and risks, supervision and management mechanism, which constitute together the basic framework to estabalish a stability alliance. And further conduct stabilization analysis to each key stabilizing mechanism and adopt optimal design referenced from successful foreign pension real estate experience, thereby completing the construction for multi-agent and multi-factor pension real estate cross-border alliance symbiotic stabilized mode.At last, this paper selects Sun City pension real estate cross-border alliance in Japan as an empirical study case, which has a high attribute consistency with the large chain pension real estate cross-border alliance determined to construct in this study through symbiotic stability analysis.Through the empirical analysis follow conclusions can be detected,Sun City pension real estate alliance in Japan matchs well with the constructed pension real estate cross-border alliance through symbiotic stabilized design in this study, from all aspects of symbiotic unit, symbiotic model and symbiotic environment. In addition, Sun City pension real estate development operation cross-border alliance established in Japan, 30 years of successful operation, sustainable development, substantial benefits can also reflect symbiotic stabilized pension real estate cross-border alliance stabilized optimized design in this study possess with good stability.