“…Due to its multidimensional character of this construct, the actual effect of ACAP on an interfirm level has not been emphasized enough in the existing literature (Flatten et al, 2011). Several prior studies (Ahimbisibwe et al, 2016;Aliasghar et al, 2019Aliasghar et al, , 2023Ding et al, 2023;Fulgence et al, 2023;Flatten et al, 2011;Goaill et al, 2021;Gray, 2006;Jabarzadeh et al, 2022;Liao et al, 2003;Limaj & Bernroider, 2019;Muscio, 2007;Ozgul, 2022;Seo et al, 2016;Tufan & Mert, 2023;Uzkurt et al, 2023;Zahoor et al, 2022) have examined the role of ACAP in the context of SMEs (Flatten et al, 2011). Despite many studies (e.g.…”