Technology-Scanning Capability - A Scale to Measure Firms ’ Ability to Sense or Respond to Changing Technology Landscape

A construct called technology-scanning capability has been conceptualized that measures firm’s ability to sense or respond to the changing technology landscape. The second-order reflective construct was found to have four first-order constructs named as TechInfo (i.e., information gathering about ongoing technological development), TechAlign (i.e., aligning future technology development with technology trend in the market and compatible with internal technology assets), TechRespond (i.e., responsiveness to collected technology related information) and TechExploit (i.e., exploitation of existing technology portfolio). The components provide a theoretical understanding useful to the practitioners who want to design the business processes and encourage cultures that facilitate development of stronger technology-scanning capability in their organizations