As the important carrier for patent sharing, joint creation and application promotion, the industrial technology standard alliance has increasingly become the main organization pattern for technology standardization around the world. Particularly, technology standard alliance collaborative innovation is more conducive to accelerate the independent innovation pace and technology standard internationalization process of emerging industries in China. Based on analyzing the connotation, characteristics and influencing factors of technology standard alliance collaborative innovation, this paper puts forward the research hypothesis and theoretical framework of alliance collaborative innovation, and then uses a questionnaire survey and a Structural Equation Model to test the influencing factors and their effect path through 196 technology standard alliance enterprises samples. The results indicate that compared with strategy collaboration and process collaboration, patent collaboration has more significant positive impacts on alliance innovation performance; further, resource integration, knowledge sharing and revenue distribution, become the main influencing factors of alliance collaborative innovation. Finally, this paper proposes the mechanism framework of technology standard alliance collaborative innovation, which provides effective reference for strengthening the technology standard alliance collaborative innovation management of emerging industry.