Table 3

Influence of entrepreneurial orientation on international performance through reverse innovation

Model 1 (International performance)Model 2 (International performance)Model 3 (reverse innovations)Model 4 (International performance)
βp-valueβp-valueβp-valueβp-value
Entrepreneurial orientation––0.09 (3.21)0.0020.046 (5)0.0000.077 (2.99)0.003
Reverse innovations––––––0.980 (12.2)0.000
FS0.81 (23.16)0.000.87 (16.4)0.0001.02 (59.3)0.000−0.10 (−1.02)0.30
BS−0.09 (−3.06)0.41−0.03 (−0.92)0.3570.01 (0.591)0.554−0.03 (−0.70)0.48
ID0.16 (1.96)0.560.07 (0.68)0.493−0.05 (−1.34)0.2070.07 (0.66)0.50
TQ0.03 (1.08)0.590.014 (0.43)0.662−0.01 (−0.68)0.4950.04 (1.48)0.13
BTMA−0.22 (−4.34)0.00−0.28 (−3.45)0.001−0.13 (−5.71)0.000−0.22 (−2.86)0.00
AG0.05 (0.50)0.880.01 (0.053)0.958−0.25 (−5.26)0.0000.22 (2.05)0.04
ROE−0.06 (−0.40)0.34−0.20 (−1.15)0.249−0.04 (−0.60)0.544−0.15 (−0.90)0.36
BM−0.03 (−3.00)0.00−0.04 (−3.52)0.000−0.02 (−6.53)0.000−0.03 (−2.44)0.01
LEV−0.18 (−0.72)0.51−0.10 (−0.283)0.7770.83 (7.30)0.000−0.62 (−1.82)0.06
DUAL0.28 (2.98)0.020.32 (2.47)0.014−0.09 (−1.98)0.0480.36 (2.89)0.00
Age−0.04 (−5.03)0.00−0.44 (−3.27)0.001−0.23 (−4.67)0.000−0.49 (−3.54)0.00
(Constant)0.87 0.09 (0.085)0.932−0.44 (−1.26)0.2060.58 (0.54)0.84
F-values74.89 44.1 562.8 44.20 
Adj-R20.300 0.306 0.82 0.40 

Note(s): t-statistics are reported in parentheses

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