Research on the Relationship between Entrepreneurship, Enterprises Dynamic Capability, and Innovation Performance of Small and Medium Enterprises in Guangzhou, China

Main Article Content

Zhu Huazhong
Pasu Jayavelu
Natha Thornjareankul

บทคัดย่อ

This research aimed to study: 1) explore the relationship between entrepreneurial spirit, innovation performance, and dynamic capabilities in small and medium-sized enterprises, examine whether dynamic capabilities can play a mediating role between entrepreneurial spirit and innovation performance, and analyze its mechanism and reasons for its impact; 2) Explore whether environmental dynamics play a moderating role between corporate dynamic capabilities and innovation performance, and analyze its mechanism of action and the reasons for its impact; 3) Based on the conclusions obtained from research and empirical testing, propose corresponding management suggestions to enhance the innovation performance of enterprises. This study used small and medium-sized enterprises in Guangzhou as a sample, collected 606 valid questionnaires, and used quantitative research methods—and structural equation modeling (SEM). The research results were found as follows: 1) Entrepreneurial spirit and dynamic capabilities of enterprises have a significant impact on entrepreneurial innovation performance; 2) The entrepreneurial spirit has a significant impact on the dynamic capabilities of enterprises; 3) The dynamic capabilities of enterprises play a significant mediating role; 4) The dynamic environment plays a positive regulatory role. Therefore, small and medium-sized enterprises should actively stimulate and unleash the entrepreneurial spirit and cultivate their dynamic capabilities in order to maintain their advantages in an increasingly competitive market. By enhancing their innovation and self-innovation capabilities, small and medium-sized enterprises can not only enhance their vitality but also positively impact the improvement of market and social creativity, thereby contributing to the high-quality development of the national economy and promoting the construction of an innovative country.

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How to Cite
Huazhong, Z., Jayavelu, P., & Thornjareankul, N. (2025). Research on the Relationship between Entrepreneurship, Enterprises Dynamic Capability, and Innovation Performance of Small and Medium Enterprises in Guangzhou, China. วารสารรัชต์ภาคย์, 19(62), 484–502. สืบค้น จาก https://so05.tci-thaijo.org/index.php/RJPJ/article/view/275687
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