Indicators determining FTC. Assessing a firm's technological capability

The purpose of this article is to assess the validity of various indicators of FTC. Stated more precisely; the following are our three research questions. 1) What relationships exist between the various indicators of firm technological capability? 2) Are the relationships between these indicators consistent across different industries? 3) Does a consistent relationship exist between firm technological capability and firm performance? Taken together, we determine whether the different technology indicators correlate with one another. Also, whether the indicators developed to measure different constructs, in fact, do so.