Dynamic capabilities and international performance: a meta-analytic regression analysis
by Cristina I. Fernandes; João J.M. Ferreira; Pedro Mota Veiga; Hussain G. Rammal; Veland Ramadani
European J. of International Management (EJIM), Vol. 25, No. 3/4, 2025

Abstract: This study aims to investigate the impact of entrepreneurial orientation and market orientation - recognised as dynamic capabilities - on the international performance of small and medium-sized enterprises. To achieve this, an extensive Meta-Analytic Regression Analysis was conducted, drawing upon data from 61 articles, encompassing a substantial sample size of 14,535 observations. Through this meta-analysis, we obtained estimated effects between the dimensions of entrepreneurial orientation and market orientation and uncovered the direct and indirect relationships these dynamic capabilities have with international performance. The findings indicate that entrepreneurial orientation and market orientation can significantly enhance the performance of SMEs, with the size of these companies playing a moderating role in the association between strategic orientations and IP. By examining the impact of dynamic capabilities on small and medium-sized enterprises' international performance, our study contributes to the existing literature on strategic management, internationalisation, dynamic capabilities and international performance.

Online publication date: Tue, 25-Feb-2025

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