In the complex and dynamic economic environment, the growing pain of small and micro enterprises is long-standing. It is urgent to strengthen the research on the endogenous growth mechanism of small and micro enterprises. Based on the background of the era of knowledge-driven economy, this paper explores the relationship between knowledge network embeddedness and dynamic capabilities of small and micro enterprises with environmental munificence as the regulating variable. We have the structural equation empirical research with the data from 260 questionnaires of small and micro enterprises. The results show that structural embeddedness and relational embeddedness have a positive driving effect on the dynamic capability of small and micro enterprises, and environmental munificence plays a positive regulatory role in the positive impact of knowledge network embedding on the dynamic capability. The research conclusion is helpful for the small and micro enterprise to develop dynamic capacity and for the supportive policy making as well.

中文翻译：

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知识网络嵌入对小微企业动态能力的影响研究

在复杂多变的经济环境中，小微企业成长的阵痛由来已久。迫切需要加强对小微企业内生增长机制的研究。本文以知识经济时代为背景，以环境丰度为调节变量，探讨知识网络嵌入性与小微企业动态能力的关系。我们对260份小微企业问卷数据进行了结构方程实证研究。结果表明，结构嵌入和关系嵌入对小微企业动态能力有正向驱动作用，环境丰富度在知识网络嵌入对动态能力的积极影响中起着积极的调节作用。研究结论有利于小微企业发展动态能力，也有利于扶持政策的制定。