Abstract:Organizational learning is an important antecedent variable of a firm's continuous innovation capability, and continuous innovation capability is the basis for sustainable development. To explore the relationship between corporate ambidextrous learning (exploratory learning and exploitative learning) and sustainable development performance, based on organizational learning theory, continuous innovation capability theory, sustainable development performance theory, synergy theory and contingency theory, we investigate the impact of ambidextrous learning and its complementarity on corporate sustainable development performance in a dynamic environment, and the mediating role of continuous innovation capability in this impact. The results of the empirical study conducted on 179 questionnaires from Jiangsu and Henan enterprises show that ambidextrous learning and its complementarity positively influence continuous innovation capability, and continuous innovation capability positively influences sustainable development performance; continuous innovation capability plays a partial mediating role in the influence of ambidextrous learning and its complementarity on sustainable development performance. Environmental dynamism negatively moderates the relationship between exploratory learning and continuous innovation, and also negatively moderates the relationship between continuous innovation and sustainable development performance. The managerial implications of the study indicate that companies must adopt a “two-pronged” approach of ambidextrous learning in order to achieve good continuous innovation capability and sustainable development performance, and pay attention to the improvement of continuous innovation capability and the role of ambidextrous learning complementarity for continuous innovation capability under high environmental dynamism.