The Empirical Measure of Chinese Enterprise Value Creation Ability in Internal and External Enterprise Alliance

Internal and external enterprise alliance presented more and more asymmetrically, and made a series of negative impact on development of Chinese enterprises and economics. This paper explains the non-symmetric of enterprise alliance in terms of value creation ability, and measures quantitative data of value creation ability in some specific industries of enterprise alliance. The consequence shows that value creation ability of Chinese enterprises are lower than expatriates. On that basis, the paper makes an empirical research of factors on value creation ability, and points out that technological advance, enterprise scale and industrial structure were major factors of value creation ability. In the end, the paper proposes concrete suggestions and further research fields with an aim at industrial characteristics.