Capability of Enterprise and Patterns of Technology Convergence in Firms

Technology convergence has been one means of technological innovation, which integrates similar or different technology fields to create new technology in the same industry or between industries. Technology convergence can be operated in different ways, including technology trade, technological alliance, mergers and acquisitions, which are the patterns of technology convergence. Because, single company can not possess all diverse technologies and resources innovation needs, it’s necessary to obtain them from outside through market or cooperation approach. Technology convergence is essentially a means of technological innovation. The choice among different technology convergence patterns is affected by resources and capability that company has. Enterprise capability refers to the power in company and the ability to build relationship and manage innovation resources. Technology trade, technological alliance, mergers and acquisitions are three different patterns to practice convergence. This article adopts empirical research method. Firstly, bring up research hypotheses based on literature review. Secondly, design and distribute questionnaires to collect data. Finally, one way- ANOVA is used to process data analysis and hypotheses test. The results indicate that capability of enterprise have significant influence on the choice between different patterns for company, although the degree of influence each are not identical.