Empirical Study of the Relationship between Entrepreneurial Learning, Dynamic Capability, and Growth Performance: Moderated by Environmental Dynamism
Keywords:
Entrepreneurial Learning, Dynamic Capability, Growth Performance, Environmental DynamismAbstract
This empirical study investigates the interplay between entrepreneurial learning, dynamic capability, and growth performance of firms, with a focus on the moderating role of environmental dynamism. Drawing upon theories of entrepreneurship, organizational learning, dynamic capabilities, and environmental management, this research examines how entrepreneurial learning processes, characterized by experiential learning, knowledge acquisition, and adaptation, contribute to the development of dynamic capabilities, such as agility, adaptability, and innovativeness, and subsequently influence firm growth performance. Moreover, this study explores how environmental dynamism, including market turbulence, technological change, and competitive intensity, moderates the relationships between entrepreneurial learning, dynamic capability development, and growth outcomes. Through quantitative analysis of survey data collected from a sample of firms operating in various industries, this research identifies key mechanisms and contingencies shaping the linkages between entrepreneurial learning, dynamic capability formation, and growth performance under different environmental conditions. The findings offer insights into the importance of entrepreneurial learning and dynamic capabilities in driving firm growth and resilience in dynamic and uncertain environments. This study contributes to both theoretical understanding and practical implications for fostering organizational learning and capability development for sustainable growth and competitive advantage.