Entrepreneurial orientation and dynamic capabilities are a set of variables that influence one way or another within the business performance of organizations. When performing an analysis and review of the literature it can be noticed that numerous studies point to a positive relationship between this set of variables discussed above and the need to promote one or the other to increase business performance. That is why this research aims to show a conceptual approach to the notions of each of the exposed variables and interrelationships between each and a theoretical model is exposed variables to be measured, which will serve as the baseline for an empirical investigation.