Explaining the Relationship between Corporate Entrepreneurship and Performance through the Mediating Role of Knowledge-Based Capital (Case: Technology-Driven Enterprises Listed in Tehran Stock Exchange)

Research findings suggest that the effect of corporate entrepreneurship on performance occurs through the channel of knowledge-based capital mechanisms. The purpose of this study is to investigate the relationship between corporate entrepreneurship and performance using the mediating variable of knowledge-based capital in technology-driven enterprises listed in Tehran Stock Exchange. This study is a descriptive-correlational applied research. Its sample includes 65 cases in four industries of automobile، electrical machines، chemical and medical products. In selecting the given corporations we used the census method in which the data of 42 corporations were analyzed. Questionnaires and secondhand data of corporate (records and documents) were used as instruments for data collection. We have used Confirmatory Factor Analysis and Structural Equation Modeling in Partial Least Square (PLS) method for data analysis. The results show that knowledge-based capital along with three dimensions including human capital، organizational capital، and social capital، plays a mediating role in corporate entrepreneurship-performance relationship. It means that corporate entrepreneurship will result in the extension of knowledge-based capital which in turn enhances the corporate performance.