The 21st century is the time for network economic with hyper-competition. The well-developed information technology makes information flow smoothly among suppliers, retailers, competitors, and entrants. Thus, that lowers the barrier for entry, imitation, and then increases the difficulty in long-term competitive advantage. Under such circumstances, Teece et al. (1994) published the Dynamic Capabilities Theory, DCT, for the incomplete description of former competitive strategies such as Competitive Forces, Strategic Conflict, and Resource-Based Theory (RBT). DCT is referred to a firm¡¦s capabilities to integrate, build, and reconfigure internal and external competences to address rapidly changing environments. The purpose of this study is to apply the absorptive capabilities to investigate the affecting factors of organizations¡¦ dynamic capabilities from the knowledge management perspective. In addition, the path-dependence of absorptive capabilities is discussed and verified in this study as well. The empirical results show that absorptive capabilities have strong influence on organizations¡¦ dynamic capabilities and the path-dependence of absorptive capabilities is supported in this study. From the academic application, the results of this study provide the research model of absorptive capabilities and dynamic capabilities to the following researchers who are interested in these topics. And, from the practice implication, firms can adopt this results and suggestion of this study to build dynamic capabilities throuth knowledge absorption.