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 ldquooperational environment-core capability-competitive advantagerdquo, 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 ldquoenvironmental pre-warning-decision-making-capability transformationrdquo, which is the embodiment of the ldquoflowrdquo in the theory of dynamic capabilities and concretion and materialization of the connotation of the ldquoflowrdquo 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.