Table 3

Discriminant validity (HTMT ratios)

Construct123456789
Time 1 constructs
1. Product Innovation        
2. Process Innovation0.55       
3. Organizational Innovation0.530.50      
4. Marketing Innovation0.510.490.47     
5. Market Dynamism0.480.450.430.41    
6. Competitive Intensity0.430.410.390.370.62   
7. Regulatory Environment0.380.350.340.320.540.59  
Time 2 Constructs
8. Organizational Adaptability0.580.540.520.490.550.510.46 
9. Entrepreneurial Venture Survival0.640.610.590.570.520.470.410.69

Note(s): Threshold: HTMT < 0.85 (Henseler et al., 2015)

Highest HTMT: 0.69 (Entrepreneurial Venture Survival–Organizational Adaptability)

Source(s): Authors' own work

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