Impact of Entrepreneurial Orientation on Global Mindset with the Mediation Effect of Dynamic capabilities: An Examination of the Sri Lankan ICT Born-Global Firms

The purpose of this study is to explain global mindset as a cognitive ability of business leaders based on entrepreneurial orientation and dynamic capabilities. This study attempted to answer the questions: Does entrepreneurial orientation impact the global mindset and do the three dimensions of dynamic capabilities mediate the relationship between entrepreneurial orientation and the global mindset? The data collected from 295 ICT born-global firms in Sri Lanka was analyzed using the structural equation modeling (SEM) analysis technique. The findings suggest that entrepreneurial orientation is a crucial driver of the global mindset. However, the effect of the entrepreneurial orientation is mediated by the seizing and reconfiguring dynamic capabilities. The conceptual framework and the findings of this study are part of the cause of the emerging literature on global mindset by understanding the global mindset through the lenses of entrepreneurial processes and dynamic capabilities. Further, entrepreneurs of born-globals should be aware that their global-mindset is determined not solely by their entrepreneurial processes but rather their entrepreneurial processes along with seizing and reconfiguration capabilities. This study can be regarded as an attempt to study global mindsets in a developing country context, incorporating entrepreneurial orientating and dynamic capabilities from two theories; entrepreneurship and strategic management.