Table 7.
Regression analysis of mediating and moderating effects.
| Variables | Compositional capability | Innovation performance | ||||
|---|---|---|---|---|---|---|
| M3 | M4 | M8 | ||||
| β | VIF | β | VIF | β | VIF | |
| Control variables | ||||||
| Enterprise age | −0.073 | 1.06 | −0.054 | 1.08 | −0.142** | 1.063 |
| Enterprise scale | −0.033 | 1.282 | −0.01 | 1.311 | 0.034 | 1.243 |
| Proportion of R&D investment | −0.006 | 1.008 | 0.008 | 1.019 | 0.103* | 1.008 |
| Independent variable | ||||||
| Executive cognition | 0.247* | 3.299 | 0.329** | 3.657 | 0.351*** | 2.398 |
| Compositional capability | 0.556*** | 2.441 | ||||
| Moderator variable | ||||||
| Organizational routine updating | 0.583*** | 3.451 | 0.543*** | 3.537 | ||
| Executive cognition × Organizational routine updating | 0.148* | 1.173 | ||||
| R2 | 0.689 | 0.707 | 0.785 | |||
| adjusted R2 | 0.672 | 0.688 | 0.774 | |||
| ΔR2 | 0.129 | 0.018 | 0.051 | |||
| F | 40.728*** | 36.679*** | 67.378*** | |||
*represents the significance level of p < 0.05, **represents the significance level of p < 0.01, ***represents the significance level of p < 0.001.