Table 15.
Moderating effect test of technological cumulativeness.
| 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 | 0.16** (3.49) | 0.15** (3.39) | |||||||
| Interaction term | Making technology *Technological cumulativeness |
0.15** (3.40) | ||||||||
| Independent variable | Buying technology | 0.22*** (4.88) | 0.23*** (5.08) | |||||||
| Interaction term | Buying technology *Technological cumulativeness |
−0.16*** (−3.52) | ||||||||
| Independent variable | Novelty-centered business model | 0.20*** (4.52) | 0.20*** (4.42) | |||||||
| Interaction term | Novelty-centered business model *Technological cumulativeness |
0.05 (1.08) | ||||||||
| Independent variable | Efficiency-centered business model | 0.20*** (4.40) | 0.19*** (4.16) | |||||||
| Interaction term | Efficiency-centered business model *Technological cumulativeness |
0.14** (3.08) | ||||||||
| Moderator | Technological cumulativeness | 0.01 (0.27) | 0.02 (0.46) | 0.05 (1.16) | 0.06 (1.40) | 0.04 (0.99) | 0.04 (0.86) | −0.01 (−0.16) | −0.01 (−0.30) | |
| Control variable | Company age | −0.04 (−0.76) | −0.03 (−0.65) | −0.02 (−0.51) | −0.04 (−0.90) | −0.04 (−0.87) | −0.02 (−0.36) | −0.02 (−0.35) | −0.02 (−0.43) | −0.02 (−0.33) |
| Company size | 0.01 (0.13) | −0.00 (−0.06) | −0.01 (−0.13) | 0.03 (0.69) | 0.04 (0.80) | 0.00 (0.10) | 0.01 (0.142) | 0.01 (0.20) | −0.00 (−0.02) | |
| Model fit | R2 | 0.00 | 0.03 | 0.05 | 0.05 | 0.07 | 0.04 | 0.05 | 0.04 | 0.06 |
| Adj. R2 | −0.00 | 0.02 | 0.04 | 0.04 | 0.06 | 0.03 | 0.04 | 0.03 | 0.05 | |
| △R2 | 0.00 | 0.03 | 0.02 | 0.05 | 0.02 | 0.04 | 0.00 | 0.04 | 0.02 | |
| F | 0.29 | 3.29 ** |
5.01 *** |
6.22 *** |
7.58 *** |
5.36 *** |
4.52 *** |
5.09 ** |
6.05 *** |
|
Note: ***P < 0.001, **P < 0.01, and *P < 0.05.