中文摘要：

学者们对企业技术能力与技术商业化的关系有不一致的看法，并常常忽视了互补资产对技术商业化的作用。基于此，探索了企业技术能力、专有互补资产与技术商业化之间的关系，以及技术动态性和市场动态性在其中的调节作用。采用404家中国企业的数据实证检验了提出的假设。研究发现，企业技术能力与技术商业化之间呈U型关系，专有互补资产与企业技术商业化之间呈正向关系。技术动态性和市场动态性提高时，会减弱技术能力与技术商业化间的关系；技术动态性提高时，专有互补资产对技术商业化的促进作用也会减弱。

英文摘要：

Previous researchers of firms＇ technology commercialization provide inconsistent results about the effects of firms＇ technological capabilities. Meanwhile they often omit the determinant effects of complementary assets This paper investigates the relationships between the technological capability/ specialized complementary assets and technology commercialization, and the moderating effects of technological turbulence/ market turbulence on these relationships. The hypotheses were tested with data collected from 404 Chinese firms. We find that there is a U-shaped relationship between technology capability and technological commercialization, and a positive relation- ship between specialized complementary assets and technological commercialization. As technological turbulence and market turbulence increased, the influence of technological capability on technology commercialization dimin-ished. In addition, we find that the impact of specialized complementary assets on technology commercialization is diminished with the enhancement of technological turbulence. Our study would enrich the technology commercial-ization research, and provide useful suggestions for firms to commercialize technology.