Abstract: For Technology-Oriented Small and Micro Enterprises with insufficient resource endowment and management experience, it is of great significance to carry out acquired learning to improve their level of management. Based on resource-based theory and dynamic capability theory, this paper empirically studies the relationships among acquisitive learning, learning orientation, and management innovation using a sample of 189 Technology-Oriented Small and Micro Enterprises in Shunde Region of Guangdong Province. Results shows that: (1)Acquisitive learning has a positive influence on management innovation; (2)Open-mindedness and shared vision both can positively facilitate the acquisitive learning, and the complementarity of open-mindedness and shared vision also has a positive effect on acquisitive learning; (3)Open-mindedness can positively moderate the relationship between acquisitive learning and management innovation, while shared vision negatively moderates this relationship.