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As an important path to enhance the innovation performance of enterprises, knowledge management has received much attention in recent years. However, most of the existing literature on knowledge management and innovation performance is based on a static perspective, and ignores the influence of dynamic changes in the environment. This study intends to explore the relationship between dynamic knowledge management capability and innovation performance as well as examine the moderating effect of environmental dynamism. The questionnaire survey approach is used in this study and the data is collected from 253 sample enterprises in China. To estimate the proposed relationships in the theoretical model, this study adopts hierarchical Multiple Regression (MR) and Moderated Multiple Regression (MMR) methods. The results show that all dimensions of dynamic knowledge management capability have different degrees of positive influence on innovation performance. Moreover, it was also confirmed that there are different moderating effects of environmental dynamism on the relationship between the dimensions of knowledge management capability and innovation performance. This study can contribute to enriching the theoretical research of dynamic knowledge management capability and innovation performance, and offer scientific guidance for decision making to efficiently enhance the enterprise’s knowledge management level and innovation performance. Moreover, the findings can also provide valuable insights for enterprises to make use of KM capabilities to enhance innovation performance in practice.

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The Impact of Knowledge Management Capabilities on Innovation Performance from Dynamic Capabilities Perspective: Moderating the Role of Environmental Dynamism