Resumen de Entrepreneurial orientation in turbulent environments: : The moderating role of absorptive capacity

Andreas Engelen, Harald Kube, Susanne Schmidt, Tessa Christina Flatten

• The literature on entrepreneurial orientation (EO) has confirmed the positive relationship between EO and firm performance and that relationship's dependence on several contingencies. The present study connects the resource-based view and its dynamic capability extension to introduce absorptive capacity (ACAP) as a moderator of the relationship between EO and firm performance. This theoretically derived research model is empirically validated using survey data from 219 small and medium-sized enterprises in Germany. Our empirical findings are that ACAP strengthens the EO�performance relationship in turbulent markets.