1. Stability: Compared with joint ventures, state-owned enterprises are more stable. State-owned enterprises are funded by the government, and the sources of funds are relatively stable and are not affected by market fluctuations. When the economy is in recession, the operating conditions of state-owned enterprises are relatively stable. In contrast, a joint venture is established by two or more enterprises with the same capital contribution, and its operating conditions are greatly affected by market fluctuations and are relatively unstable.
2. Social responsibility: State-owned enterprises will attach importance to social responsibility and social benefits in the course of operation. State-owned enterprises will undertake some social responsibilities, such as providing public services and ensuring employment. These are the advantages of state-owned enterprises over joint ventures. In contrast, joint ventures pay more attention to their own interests and undertake less social responsibilities.