The effects of entrepreneurial orientation, intellectual capital and organizational learning capability on firm performance

This study aims to investigate the influence of entrepreneurial orientation, intellectual capital and organizational learning capability on firm performance, considering the intelectual capital and organizational learning capability as mediating variables in the relationships between entrepreneurial orientation and business performance. The hypotheses proposed in our research model are tested on a sample of 359 companies, applying covariance-based structural equation modelling. In order to assess the mediating effects of the the intelectual capital and organizational learning capability, we adopt a hierarchical approach. Our findings indicate that entrepreneurial orientation does not directly effect the performance. Organizational learning capability and intelectual capital have positive influence on firm performance. Entrepreneurial orientation has positive influence on both intellectual capital and organizational learning capability. On the other hand, intelectual capital has no effect on organizational learning capability.Furthermore we show that organizational learning capability and intelectual capital fully mediate the relationship between entrepreneurial orientation and performance. Therefore, we conclude that entrepreneurial orientation has indirect effect on firm performance through o organizational learning capability and intelectual capital. Keywords :Entrepreneurial Orientation, Intellectual Capital,Organizational Learning, Organizational Learning Capability