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| The Relationship between Enterprise Internationalization and Competitive Advantage:the Intermediary Role of Dynamic Capability |
| Xiao Peng,Wang Aimei,Liu Jinpei |
| (Bussiness School,Anhui University，Hefei 230601,China) |
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Abstract Based on internationalization theory and dynamic capability theory, the internationallyoperated enterprises in Anhui listed companies were selected as research objects, by collecting the secondhand data, using multiple regression discusses the complex relationship between enterprise the degree of internationalization, dynamic capabilities and competitive advantage(financial advantage, market advantage, technology advantage).The research results show that the degree of internationalization, dynamic ability and competitive advantage of enterprises are significantly correlated; and the dynamic ability plays an intermediary role in the relationship between the degree of internationalization of the enterprise and the financial advantage and market advantage, and has no intermediary role in the relationship between the degree of internationalization and the technical advantage.
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Received: 15 February 2019
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