Table 13.
Moderating effect of technological opportunities.
| Variable | Dependent variable: Innovation performance |
|||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| (1) β (t) |
(2) β (t) |
(3) β (t) |
(4) β (t) |
(5) β (t) |
(6) β (t) |
(7) β (t) |
(8) β (t) |
(9) β (t) |
||
| Independent variable | Making technology | 0.14** (3.22) | 0.13** (2.96) | |||||||
| Interactive term | Making technology *Technological opportunities |
0.14** (3.02) | ||||||||
| Independent variable | Buying technology | 0.20*** (4.60) | 0.20*** (4.45) | |||||||
| Interaction term | Buying technology *Technological opportunities |
0.06 (1.30) | ||||||||
| Independent variable | Novelty-centered business model | 0.18*** (4.11) | 0.18*** (4.06) | |||||||
| Interaction term | Novelty-centered business model *Technological opportunities |
0.13** (2.89) | ||||||||
| Independent variable | Efficiency-centered business model | 0.20*** (4.63) | 0.19*** (4.46) | |||||||
| Interaction term | Efficiency-centered business model *Technological opportunities |
0.15** (3.49) | ||||||||
| Moderator | Technological opportunities | 0.23*** (5.25) | 0.20*** (4.51) | 0.23*** (5.29) | 0.23*** (5.34) | 0.23*** (5.17) | 0.21*** (4.86) | 0.24*** (5.61) | 0.21*** (4.71) | |
| Control variable | Company age | −0.04 (−0.76) | −0.02 (−0.34) | −0.02 (−0.34) | −0.03 (−0.57) | −0.03 (−0.63) | −0.00 (−0.08) | −0.01 (−0.15) | −0.00 (−0.09) | 0.00 (0.07) |
| Company size | 0.01 (0.13) | −0.00 (−0.02) | −0.01 (−0.15) | 0.03 (0.73) | 0.03 (0.70) | 0.01 (0.16) | 0.00 (0.10) | 0.01 (0.20) | 0.01 (0.33) | |
| Model fit | R2 | 0.00 | 0.08 | 0.10 | 0.10 | 0.10 | 0.09 | 0.10 | 0.10 | 0.12 |
| Adj. R2 | −0.00 | 0.07 | 0.09 | 0.09 | 0.09 | 0.08 | 0.10 | 0.09 | 0.11 | |
| △R2 | 0.00 | 0.08 | 0.017 | 0.10 | 0.00 | 0.09 | 0.02 | 0.10 | 0.02 | |
| F | 0.29 | 10.34*** | 10.23*** | 13.21*** | 10.92*** | 12.07*** | 11.47*** | 13.29*** | 13.32*** | |
Note: ***P < 0.001, **P < 0.01, and *P < 0.05.