A Cycle Model of Co-evolution between Emerging Technology and Firm’s Capabilities Based on Case Study

This study explores the mechanism on the co-evolution between emerging technology and capability.Our research focus is how the firms capabilities affect the evolution of emerging technology through strategy.Based on the theoretical analysis and case study,this paper builds a theoretical framework:firms capability is classified into static capability and dynamic capability,and the evolution of emerging technology is summarized by a cycle model.Further,strategy is looked as a mediated variable.The conclusion is that the static capability affects the emerging technology evolution through strategy implement,and the dynamic capability affects the evolution through strategy change.In both situations,organization learning is a key capability to the evolution of emerging technology.