The personal characteristics of the CEO is well recognized to have significant impact on respective organization (Busenbark et al., 2016). Increasing studies have started to examine how CEO regulatory focus, an under-examined but potentially important individual attribute, impacts the behavior and performance of organization (e.g., Hmieleski and Baron, 2008; Gamache et al., 2015; Kammerlander et al., 2015). In this study, we investigate how CEO regulatory focus, which comprises of promotion focus and prevention focus, affects the innovation performance of small and medium-sized enterprises (SMEs). We posit that the relationships between CEO regulatory focus and firm innovation performance is mediated by network learning, a process whereby the CEO seeks information and advice from networks.