Overall, the synergy between EO and ITC boosts economic performance at the firm level and drives macroeconomic development through job creation and a more skilled workforce. This study focuses on industrial companies operating in emerging economies. These firms play roles that influence both domestic markets and the global economy. The manufacturing industry, for example, contributes about 16% to the global GDP on average [23; 24]. A Deloitte survey shows that 76% of manufacturing companies are embracing digitalization trends, and 86% of their leaders foresee the importance of factories integrating technologies like AI, IoT, 5G networks, data analytics, and cloud computing for future competitiveness [25]. This highlights the role of ITC in enabling automation and digital transformation. By adopting new technologies, industrial firms not only transform themselves but also facilitate the incorporation of their economies into globalization and technological advancement, contributing to economic development by leveraging available talent. In this context, the following research questions are posed:  
* RQ1. What is the effect of EO on ITC? * RQ2. What is the effect of ITC on FP? * RQ3. What are the separate and joint effects of EO and ITC on FP? To address these questions, we draw on the Dynamic Capabilities View (DCV), as EO and ITC are seen as dynamic capabilities that help firms gain competitive advantages and achieve long-term success [4]. Empirical evidence was gathered from firms in Chile, which is particularly interesting as it is the best-prepared country in Latin America for transitioning into a digital technology-based economy [26] and represents one of the most productive entrepreneurial ecosystems in the world [27]. It is worth mentioning the presence of the Data Observatory, an initiative aimed at positioning Chile as a global leader in data sciences [28]. We argue that firms should strengthen their ITC before pursuing data science initiatives. Analyzing EO and ITC in the Chilean context offers valuable insights, enabling companies to better understand and capitalize on their business environment. Based on the background presented, this research aims to explain the separate and joint effects of EO and ITC on the performance of industrial firms established in emerging economies. To this end, three specific objectives were proposed. First, construct the variables EO, ITC, and FP, including the dimensions that constitute them. Second, the model will be tested to determine the effect of EO and ITC on FP. Finally, based on the results, proposals are developed for industrial companies and governmental institutions to enhance EO, technological development through ITC, and, consequently, the performance of the companies. This paper is structured as follows: The Section 2 presents the literature review and the research hypotheses. Section 3 describes the sample, analyzes the validity of the measurement scales, and introduces the methodology used in this study. Section 4 presents the findings obtained. In Section 5, the results are discussed. Finally, Section 6 summarizes the main contributions of this study, analyzes the theoretical and practical implications of the results, and outlines the main limitations of the research as well as some potential future research directions.