Full Length Research Paper
Dynamic capabilities, collaborative network and business model: An empirical analysis of Taiwan HTC Corporation
Chi-Ho Chiou
Ching Yun University, Department of Business Administration and Institute of Business and Management, No.229, Jiansing Rd., Taoyuan County 320,Taiwan. E-mail: chiho@cyu.edu.tw.
Accepted 21 July, 2010
In the era of hypercompetition in knowledge and technology, the unique capability of high technology industry that is built upon conventional resource-based theory no longer suffices for its operation. Therefore, how companies make use of dynamic capabilities and collaborative network is the primary focus of this study. The study discovers that: 1. In terms of competitive advantages in the high technology industry, besides developing unique skills using corporate resources, companies should also combine dynamic capabilities and collaborative network to ensure the sustainability of such advantages; 2. The determining factors of success of companies lie in the continuous innovation in functional strategies and capabilities regarding research and development, marketing and production; 3. It is crucial to the successful operation of businesses that strategic collaborative relationships are developed among both upstream and downstream companies of the industry in a highly competitive and dynamic business environment; and 4. Companies must continue to revamp their business model in response to industry competitions and product life cycle. The case study of the business model of HTC Corporation and the implications of its management can be used as reference for future studies and actual operation. Key words: Mobile phones, dynamic capabilities, collaborative network, business model, financial performance. INTRODUCTION 21st century is an era
References: Afuah A, Tucci CL (2001). Internet Business Models and Strategics: Text and Cases. NY: McGraw9 Hill. Afuah A (2004). Business Models: A Strategic Management Approach. NY: McGraw9 Hill. Amit R, Schoemaker PJ (1993). Strategic Assets and Organizational Rent. Strat. Manage. J., 14: 33-46. Becker W, Peters J (2005). Innovation Effects of Science-Related Technological Opportunties. Jahrbucher Fur, 225(2): 130-150. Bogner WC, Barr PS (2002). Marking Sence in Hypercompetitive Environment: A Cognitive Explemation for the Persistence of High Velocity Competition. Org. Sci., 11(2):212-226. Bourdieu P (1986). The Froms of Capital, in J.G. Richardson (ed.), Handbook of Theory and Research for Sociology of Education, PP.241-258, New York: Greenwood. Burt RS (1988). The Gender of Social Capital, Rationality and Society, 10:5-46. Calsson SA (2004). Strategic Knowledge Managing in the Context of Networks,Chapter 32. In: Handbook on Knowledge Management Volume I,(Ed) Holsapple Clycle W. Christensen CM, Overdorf M (2000). Meeting the Challenge of Disruptive change. Harv. Bus. Rev., March-April: 66-77. Clark K, Fujimoto T (1991). Product Development Performance: Strategy, Organization and Management. In: The World Auto Industries. Cambridge, MA: Harvard University Press. Coleman JS (1988). Social Capital in the Creation of Human Capital. Am. J. Soc., 94 (Supplement) Davies T, Bockzo T (2006). Principles of Accounting and Finance, NY: McGraw9 Hill. Dean J (19509 1976). Pricing Policies for new Products, Harv. Bus. Rev., 29: 45-53. Eisenhardt KM, Martin JA (2000). Dynamic Capability: What Are They? Strat. Manage. J., 21: 1105-1121. Fleisher CS, Bensoussam BE (2003). Strategic and Competitive Analysis: Methods and Techniques for Analyzing Business Competition, New Jersey: Pearson Education Inc. Forrester J (1961). Industrial Dynamics, Cambridge, MA: MIT Press Galbraith C, Schendel D (1983). An Empirical Analysis of Strategic Types, Strat. Manage. J., 4: 153-173. Gartner (2009). http://www.gartner.com/technology/research.jsh (Accessed: Sep.20, 2009). Hamel G (2000). Leading the Revolution, Boston, MA: Harvard Business School Press. High Tech Computer Corp (HTC) (2009). http://www.htc.com (2009/08). Hsin JY, Chang-Wen C, Chang-wen L (2006). Analysis of Financial Performance by Strategic Group of Digital Learning Industry in Taiwan. J. Am. Acad. Bus., Cambridge, 10(1): 141-155. Hunt MS (1972). Competition is the Major Home Appliance Industry 19609 1970, Unpublished Doctoral Dissertation. Inferma (2009). Available at: http://www.inferma.com (Accessed Sep.20, 2009). Internation Data Corporation (2009) (IDC). www.idc.com.tw (Acessed: Sep.20, 2009). Isuppli (2009). Available at: http://cdnet.org.tw/techroom/market/eetelecommmobile/09.htm (Accessed: Sep.20, 2009). Market Intelligence and Consulting Institute (MIC) (2009). http://mic.iii.org.tw/intellgence (2009/08). Nelson RR, Winter SG (1982). An Evolutionary Theory of Economic Change, Cambridge, MA: Harvard University Press. Nokia (2009). official website: Available at; http://www.nokia.com (Accessed: Sep.20, 2009). Osterwalder A, Pigneur Y, Tucci C (2005). Clarifying Business Models: Origins, Present, and Future of the Concept. Commun. Assoc. Inform. Syst., 15: 751-775. Porter ME (1980). Competitive Strategy: Techniques for Analyzing Industries and Competitors, London: Collier Macmillan Publishers. Porter ME (1985). Competitive Advantage: Creating and Sustaining Superior Performance, London: Collier Macmillan Publishers. Powell WW (1990). Neither Markets nor Hierarchies: Network Forms of Organization. Res. Organ. Behav., 12:395–336. Powell WW, White DR, Koput KW, Owen-Smith J (2005). Network Dynamics and Field Evolution: the Growth of Inter-Organizational Collaboration in the Life Sciences. Am. J. Sociol., 110:1132–1205. Rappa MA (2004). The Utility Business Model and the Future of Computing Services. IBM Syst. J., 43: 32-42. Reuters (2009). Available at: http://www.reuter.com/finance (Accessed: Sep. 20, 2009). Robinson RR (1982). The Importance of Outsiders in Small Firm Strategic Planning. Acad. Manage. J., 25: 80-93. Scherer FM, Ross D (1990). Industrial Market Structure and Economic Performance, 3rd ed. Boston: Houghton Mifflin Company. Schumpeter JA (1942). The Theory of Economic Development. Cambridge, MA: Harvard University Press. Shankar V, Bayus BL (2003). Network Effects and Competition: An Empirical Analysis of the Home Video Game Industry. Strat. Manage. J. 24: 375-394. Stake R (1995). The Art of Case Research. Newbury Park, CA: Sage Publications. Strategy Analytics (2009). Available at: http://www.strategyanalytics.com (Accessed: Sep. 20, 2009). Teece D, Pisano G, Shuen A (1997). Dynamic Capabilities and Strategic Management. Strat. Manage. J., 18(7): 509-533. Venkatraman N, Ramanugam V (1986). Measurement of Business Performance on Strategy Research9 A Comparison of Approaches, Acad. Manage. Rev., 11: 801-814. Walker G, Kogut B, Shan W (1997). Social Capital, Structural Roles and the Formation of an Industry network. Org. Sci. 8(2): 109-125. Wheeler B (2002). The Net-Enabled Business Innovation Cycle: A Dynamic Capabilities Theory for Harnessing IT to Create Customer Value, Inform. Syst. Res., 13:2. Yin R (1994). Case Study Research: Design and Methods (2nd ed.). Thousand Oaks, CA: Sage Publishing.