On three levels in analysis of dynamic capabilities of enterprises

In accordance with the connotation of dynamic capabilities, this Article herein divides the dynamic capabilities of enterprises into three levels as follows: the first level in analysis of dynamic capabilities of enterprises is “operational environment-core capability-competitive advantage”, including two aspects as the response of core capability to the environment and the correspondence of competitive advantage to core capability; the second level is centered on the analysis of response efficiency of core capability to operational environment as “environmental pre-warning-decision-making-capability transformation”, which is the embodiment of the “flow” in the theory of dynamic capabilities and concretion and materialization of the connotation of the “flow” in the framework of D.T.Teece; while the third level in analysis of dynamic capabilities is to go deep into three flows as environmental pre-warning, decision-making and capability transformation explore their respective operational efficiency, i.e. pre-warning capability, decision-making capability and transforming capability.