Entrepreneurial orientation, entrepreneurial action learning, and entrepreneurial performance of SMEs in the post-pandamic era: The moderating role of dynamic capabilities

This study aims to examine the relationship between the entrepreneurial orientation, entrepreneurial action learning, and entrepreneurial performance of small and medium-sized enterprises (SMEs) against the backdrop of the post-pandemic era while also exploring the moderating role of dynamic capability. Data from 629 SMEs in Sichuan Province was collected, and a partial least squares structural equation model (PLS-SEM) was employed for data analysis. The results indicate that entrepreneurial orientation has a positive relationship between entrepreneurial action learning, entrepreneurial action learning, and entrepreneurial performance. Entrepreneurial action learning mediates the relationship between entrepreneurial orientation and entrepreneurial performance. The moderation analysis further indicated that dynamic capability is a moderating variable in the relationship between entrepreneurial orientation and entrepreneurial performance and between entrepreneurial action learning and entrepreneurial performance. The practical contribution of this study lies in its provision of specific directions and recommendations for enhancing the entrepreneurial performance of SMEs.