The shifts of technological paradigms and the evolution of firms' dynamic capabilities
by Xuefeng Liu
International Journal of Technology, Policy and Management (IJTPM), Vol. 9, No. 3, 2009

Abstract: Technological advancements are the important factors that lead to the evolution of dynamic capabilities and the shift of technological paradigms requires the relevant evolution of dynamic capabilities. In the phase of technological evolution in a specific paradigm, effective processes should be complex and sluggish, firms' assets structure should transform incrementally and firms should gently adjust their strategies in existing paths. In the shifts of technological paradigms, managerial and organisational processes should be simple and agile, the assets structure should transform radically and firms should break away from current paths and select new strategic paths. Based on a literature review of technological paradigms and dynamic capabilities, this paper proposes the theoretical framework that specifies how a firm should evolve its dynamic capabilities during the shifts of technological paradigms to match its capabilities with technological environments. Samsung, the leading corporation in the electronic consumer product industry, is taken as an example to examine the theoretical framework about the evolution of dynamic capabilities during shifts of technological paradigms. In the end, some conclusions are drawn and some practical implications are provided.

Online publication date: Sun, 11-Oct-2009

The full text of this article is only available to individual subscribers or to users at subscribing institutions.

 
Existing subscribers:
Go to Inderscience Online Journals to access the Full Text of this article.

Pay per view:
If you are not a subscriber and you just want to read the full contents of this article, buy online access here.

Complimentary Subscribers, Editors or Members of the Editorial Board of the International Journal of Technology, Policy and Management (IJTPM):
Login with your Inderscience username and password:

Username:        Password:          Forgotten your password?

Want to subscribe?
A subscription gives you complete access to all articles in the current issue, as well as to all articles in the previous three years (where applicable). See our Orders page to subscribe.

If you still need assistance, please email subs@inderscience.com