“…This finding aligns with previous researches suggesting that the learning orientation indirectly influenced the performance through its impact on other strategic orientations (Eriksson & Heikkilä, 2023;Lepistö, Lintusaari, Oudin, Barreira, Niemi, Karjalainen, Salo, Silvonen, Markkula, Hoivala, Marjanen, Martikainen, Aurela, Reyes, Oyola, Kuuluvainen, Manninen, Schins, Vojtisek-Lom, Ondracek, Topinka, Timonen, Jalava, Saarikoski, & Rönkkö, 2023). Further, the entrepreneurial orientation, characterized by innovativeness, risk-taking, and proactiveness, significantly increases the competitive advantage (Phillips et al, 2023). However, this study finds that entrepreneurial orientation does not guarantee immediate market benefits, which is consistent with the findings of (Cadden et al, 2023;Castillo et al, 2021).…”