The Effects of Entrepreneurial Capability on the Dynamic Capability and Corporate Performance of Chinese SMEs

This research is designed to explore the relationship between entrepreneurial capability, dynamic capability and corporate performance in Chinese SMEs. The dimensional structure and scale of entrepreneurial capability, dynamic capability of enterprise and corporate performance are proposed to analyze the reliability and validity of entrepreneurial capability, dynamic capability and corporate performance in Chinese SMEs. A questionnaire survey is adopted to collect data, and it is assumed that the entrepreneurial capability of Chinese SMEs exerts a significant influence on the dynamic capability of an enterprise, while the entrepreneurial capability of Chinese SMEs exerts significant influence on corporate performance, in order to investigate the path model of the influences that entrepreneurial capability and dynamic capability exert on corporate performance. SPSS and AMOS are adopted for analysis, and the results indicate that entrepreneurial capability has a significant influence on the dynamic capability of an enterprise; an enterprise's integration and reallocation capability and reform and innovation capability have a significant influence on corporate performance, an enterprise's organizational learning capability exerts no significant influence on corporate performance. An entrepreneur's capability of seizing opportunities has significant influence on corporate performance, and an entrepreneur's innovation capability has a significant influence on the financial performance of enterprise, but has no impact on market performance. In this research, the relationship between entrepreneurial capability and corporate performance, and the relationship between entrepreneurial capability and corporate performance are verified so as to provide an important theoretical basis for improving corporate performance. Therefore, fully utilizing and improving entrepreneurial capability can improve the dynamic capability of an enterprise and further improve corporate performance