As innovation plays an increasingly important role in firm growth and sustained competitive advantage, many firms are engaged in multiple partnerships, forming or enter portfolios of alliances. Alliance Portfolio which are commonly defined as ego-Centered network organization, that are comprised of not only a focal firm’s direct ties to each of its alliance partners, but also its indirect ties to partners of the firm’s direct partners. Previous research has shown that many of the dimensions of alliance portfolio emergence, diversity, performance, configuration and management. But has few analyzed how alliance portfolio network dimensions affect innovative capability. In fact, our review of the literature by establishing a comprehensive of alliance portfolio that incorporates network characteristics, focused on network status, network relationship, resource flow, governance and hypotheses were tested these constructs with respect to innovation capability. Results from the data analysis show that network status and network relationship has a significant influence on resource flow and governance, positive effects on innovation capability. The results also indicate that resource flow has significant impact on innovation capability. But under different network type of Alliance Portfolio ratio coefficients between governance and innovation capability significantly change, density increased in network can cause loss of efficient.