Abstract：Based on the resource-based view,transaction cost theory and social capital theory,we created a model to explain the relationship among TMT social relationship,Alliance partners' trust and Innovation capacity.After then,we collected 253 strategic emerging companies,which located in Bohai Rim region.Finally,structure equation modeling package is used to test it.The research result shows that:TMT social relationship has positive effects on the alliance partners' trust and innovation capacity;the alliance partners' trust plays an intermediary role between the TMT social relationship and innovation capacity.Specially,emotional trust is a partial mediator,but ability trust doesn't have a significant effect.According to the research,the companies in this process of transformation and upgrading should make the use of the TMT social relationship to enhance trust.By this way,the information,capital and technology will move faster to achieve the final goal of improving the innovation capacity.
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