Table 6.
Regression results of main effect.
| Variables | Compositional capability | Innovation performance | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| M1 | M2 | M5 | M6 | M7 | ||||||
| β | VIF | β | VIF | β | VIF | β | VIF | β | VIF | |
| Control variables | ||||||||||
| Enterprise age | −0.127 | 1.043 | −0.053 | 1.056 | −0.250* | 1.043 | −0.172** | 1.056 | −0.147** | 1.063 |
| Enterprise scale | −0.379*** | 1.044 | −0.119 | 1.208 | −0.307** | 1.044 | −0.032 | 1.208 | −0.001 | 1.219 |
| Proportion of R&D investment | 0.033 | 1.005 | −0.005 | 1.008 | 0.14 | 1.005 | 0.1 | 1.008 | 0.113* | 1.006 |
| Independent variable | ||||||||||
| Executive cognition | 0.702*** | 1.195 | 0.742*** | 1.195 | ||||||
| Compositional capability | 0.807*** | 1.217 | ||||||||
| R2 | 0.178 | 0.590 | 0.198 | 0.659 | 0.734 | |||||
| adjusted R2 | 0.152 | 0.573 | 0.173 | 0.644 | 0.723 | |||||
| ΔR2 | 0.178 | 0.412 | 0.198 | 0.461 | 0.075 | |||||
| F | 6.791*** | 33.509*** | 7.752*** | 44.882*** | 64.160*** | |||||
***represents the significance level of P < 0.001.