The impact of start-up's market orientation and dynamic capabilities on their performance

Qing Sun, Lina Song and Juan Wu

Finance Research Letters, 2025, vol. 76, issue C

Abstract: This paper conducts an in-depth analysis of newly listed startups from 2014 to 2022 in terms of the effect that their market orientation and dynamic capabilities have on their performance. The results show that market orientation and dynamic capabilities of startup firms can significantly enhance their performance. Dynamic capabilities play a significant moderating role in the relationship between market orientation and startup performance, exhibiting heterogeneity in state-owned and nonstate-owned enterprises. Furthermore, a threshold effect was observed on startup performance regarding the impact of market orientation.

Keywords: Market orientation; Dynamic capabilities; Firm performance (search for similar items in EconPapers)
Date: 2025
References: Add references at CitEc
Citations:

Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S1544612325002399
Full text for ScienceDirect subscribers only

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:eee:finlet:v:76:y:2025:i:c:s1544612325002399

DOI: 10.1016/j.frl.2025.106975

Access Statistics for this article

Finance Research Letters is currently edited by R. Gençay

More articles in Finance Research Letters from Elsevier
Bibliographic data for series maintained by Catherine Liu ().