The Influence of Core Technology Capability of High-Tech Industry on Sustainable Competitive Advantage

In order to explore how the core technological capabilities of the high-tech industry affect the sustainable competitive advantage of an enterprise, by consulting a large number of literature studies on sustainable competition, the characteristics of high-tech enterprises were summarized through ana...

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Main Authors: Xi Liu, Shuai Yang
Format: Article
Language:English
Published: Wiley 2021-01-01
Series:Discrete Dynamics in Nature and Society
Online Access:http://dx.doi.org/10.1155/2021/2225604
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author Xi Liu
Shuai Yang
author_facet Xi Liu
Shuai Yang
author_sort Xi Liu
collection DOAJ
description In order to explore how the core technological capabilities of the high-tech industry affect the sustainable competitive advantage of an enterprise, by consulting a large number of literature studies on sustainable competition, the characteristics of high-tech enterprises were summarized through analysis and sorting and a sustainable competition model was proposed based on market, management, marketing, strategy, and organizational innovation. Through factor analysis, correlation analysis, and structural equations of 266 survey data of related companies, the effectiveness of the model based on the impact of core capabilities of high-tech companies on sustainable competitive advantage was confirmed. The results show that the core competencies of high-tech enterprises’ market recognition, strategic planning, management and operation, full-person marketing, and dynamic marketing directly affect the company’s sustainable competitive advantage. The most important influence on a company’s sustainable competitive advantage is market awareness, and the organizational innovation of the company can also influence the sustainable competitive advantage indirectly, while dynamic marketing can increase the other four capabilities to improve the sustainable competitive advantage of the enterprise. The theoretical model is established to identify the core technological capabilities of high-tech enterprises that can help enterprises effectively identify the core technological capabilities that can form a sustainable competitive advantage and then provide ideas for enterprises to build theoretical research on core technological capabilities.
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spelling doaj-art-8144551fdd17493799ca74c701dde59a2025-02-03T01:25:10ZengWileyDiscrete Dynamics in Nature and Society1026-02261607-887X2021-01-01202110.1155/2021/22256042225604The Influence of Core Technology Capability of High-Tech Industry on Sustainable Competitive AdvantageXi Liu0Shuai Yang1Glorious Sun School of Business and Management, Donghua University, Shanghai 200051, ChinaGlorious Sun School of Business and Management, Donghua University, Shanghai 200051, ChinaIn order to explore how the core technological capabilities of the high-tech industry affect the sustainable competitive advantage of an enterprise, by consulting a large number of literature studies on sustainable competition, the characteristics of high-tech enterprises were summarized through analysis and sorting and a sustainable competition model was proposed based on market, management, marketing, strategy, and organizational innovation. Through factor analysis, correlation analysis, and structural equations of 266 survey data of related companies, the effectiveness of the model based on the impact of core capabilities of high-tech companies on sustainable competitive advantage was confirmed. The results show that the core competencies of high-tech enterprises’ market recognition, strategic planning, management and operation, full-person marketing, and dynamic marketing directly affect the company’s sustainable competitive advantage. The most important influence on a company’s sustainable competitive advantage is market awareness, and the organizational innovation of the company can also influence the sustainable competitive advantage indirectly, while dynamic marketing can increase the other four capabilities to improve the sustainable competitive advantage of the enterprise. The theoretical model is established to identify the core technological capabilities of high-tech enterprises that can help enterprises effectively identify the core technological capabilities that can form a sustainable competitive advantage and then provide ideas for enterprises to build theoretical research on core technological capabilities.http://dx.doi.org/10.1155/2021/2225604
spellingShingle Xi Liu
Shuai Yang
The Influence of Core Technology Capability of High-Tech Industry on Sustainable Competitive Advantage
Discrete Dynamics in Nature and Society
title The Influence of Core Technology Capability of High-Tech Industry on Sustainable Competitive Advantage
title_full The Influence of Core Technology Capability of High-Tech Industry on Sustainable Competitive Advantage
title_fullStr The Influence of Core Technology Capability of High-Tech Industry on Sustainable Competitive Advantage
title_full_unstemmed The Influence of Core Technology Capability of High-Tech Industry on Sustainable Competitive Advantage
title_short The Influence of Core Technology Capability of High-Tech Industry on Sustainable Competitive Advantage
title_sort influence of core technology capability of high tech industry on sustainable competitive advantage
url http://dx.doi.org/10.1155/2021/2225604
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