Given a projective smooth complex variety X, one way to associate to it numerical
invariants is by taking holomorphic Euler characteristics of interesting vector bundles on
the moduli spaces of genus 0, degree d stable maps with n marked points to X. We
call these numbers genuine quantum K-theoretic invariants of X. Their generating series is
called the genus 0 K-theoretic descendant potential of X and can be viewed as a function
on a suitable infinite dimensional vector space K+. Its graph is a uniruled Lagrangian cone
in the cotangent bundle of K+.
We give a complete characterisation of points on the cone, proving a Hirzebruch Riemann
Roch type theorem for the genuine K-theory of X. In particular, our result can be used
to recursively express all genus 0 K-theoretic invariants of X in terms of cohomological
ones (usually known as Gromov-Witten invariants). The main technical tool we use is the
Kawasaki Riemann Roch theorem of [Ka], which reduces the computation of holomorphic
Euler characteristic of a bundle on an orbifold to the computation of a cohomological integral
on the inertia orbifold.
In the process, we need to study more general cohomological Gromov-Witten invariants
of an orbifold X, which we call twisted invariants. These are obtained by capping the virtual
fundamental classes of the moduli spaces with certain multiplicative characteristic
classes. We twist the Gromov-Witten potential by three types of twisting classes and we
allow several twistings of each type. We use a Mumford's Grothendieck-Riemann-Roch
computation on the universal curve to give closed formulae which show the eect of each
type of twist on their generating series (the twisted potential). This generalizes earlier results
of [CG] and [TS].