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Analysis of Investment Decision-making on Research and Development of Technical Alliance

The R D investment decision-making is the key to the success of the technology alliance and the controlling of the decision-making power is the results of the dynamic game among the partners.For this purpose,this paper builds a trilateral investment model of the RD among the government,the domestic enterprises and transnational corporations in technology decision-making,and the results find that the more the governmental subsidization,the more the enterprise's efforts,and that its effort extent and the level of effort of the alliance are negatively correlated.For the transnational corporations,its shares must ensure that the requirements of a certain proportion can guarantee the stability of the alliance operation.And this paper also gives some constructive policy measures,from the enterprise's and government's angle,to strengthen our country's innovation ability,which has extremely vital significance.