Entrepreneurial orientation is considered to have a positive impact on firm performance. However, this direct relationship does not seem to be empirically conclusive. In our research we consider innovation performance as an intermediate variable, and explain that the relationship between entrepreneurial orientation and innovation performance is not unconditional, but subject to organizational learning capability. Structural equation modeling has been used to test our research hypotheses on a data set from the Italian and Spanish ceramic tile industry. Results suggest that (1) innovation performance acts as a mediating variable between entrepreneurial orientation and firm performance; (2) entrepreneurial orientation can be considered as an antecedent of organizational learning capability; and (3) organizational learning capability plays a significant role in determining the effects of entrepreneurial orientation on innovation performance. Finally, we highlight our study's limitations and we posit avenues for future research.
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