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The Effect of Entrepreneurial Orientation, Learning Orientation and Dynamic Capability on International Performance: Moderating Effects of Slack Resource

중소기업의 기업가지향성, 학습지향성이 동적역량과 국제화 성과에 미치는 영향에 관한 연구: 여유자원의 조절효과를 중심으로

  • Dong-Woo Ryu (Department of Business Administration, Yeungnam University) ;
  • Ki-Keun Kim (Division of Bio-technology and Convergence, Daegu Haany University)
  • 류동우 (영남대학교 경영학과) ;
  • 김기근 (대구한의대학교 바이오산업융합학부)
  • Received : 2020.09.29
  • Accepted : 2020.10.29
  • Published : 2020.10.31

Abstract

The importance of entering the international market for small and medium-sized enterprises (SMEs) has been continuously emphasized. As a way to overcome these factors, prior studies have increased interest in dynamic capability. The purpose of this study is to investigate the effects of entrepreneurial orientation, learning orientation, and dynamic capability on their international performance of SMEs. Drawing on an extensive review of the literature on dynamic capability view and internationalization, hypotheses are developed and tested using a sample of 214 SMEs in South Korea. Structural equation modeling was applied. As a result of analysis, first, dynamic capability has a significant effect on international performance. Second, entrepreneurial orientation has significant influence on dynamic capability. Third, learning orientation has significant influence on dynamic capability. Lastly, slack resource was found to moderate the relationship between dynamic capability and international performance. The results indicate that their entrepreneurial orientation and learning orientation ware driver of their dynamic capability. and that their dynamic capability was significant driver of their international performance. In the final conclusion, implications and limitations of research and suggestions for future research are discussed.

Keywords

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