Technology Assessment Model with Dynamic Capabilities Approach in Small and Medium Enterprises

Abstract

In the technology-driven industries like automotive industry, the success of the companies depends on their ability to provide new and continuous innovations to the market. In this regard, technological capabilities lead to a competitive advantage. The purpose of this study is to identify the effective factors in the technology assessment based on the dynamic capabilities of small and medium automotive supply chains. In this study, by using the principal components analysis (PCA) method, the identification of the important factors according to the views of automotive industry experts has been addressed. The results show that from the perspective of dynamic capabilities, Absorbency and learning, Innovative capability and integration capabilities are the most effective factors. In terms of technology assessment, Processes and organizational structure and level of technology development are the most important factors identified in order to assess the technology of these companies. In addition, in this study, due to the effective factors, a new technology assessment model with dynamic capabilities approach has been proposed and a relevant questionnaire has been developed. The results of reliability analysis show that the proposed questionnaire has an appropriate accuracy and reliability in technology assessment of small and medium automotive supply chain companies.