Table 5.

Estimation results of the mediation effects

Mediation effectsEffectCIlowCIhigh
Market orientation → functional value → new product advantage [H4]0.08*0.030.14
Market orientation → emotional value → new product advantage [H5]0.02*0.010.05
Strategic design orientation → functional value → new product advantage [H6]0.05*0.010.10
Strategic design orientation → emotional value → new product advantage [H7]0.03−0.010.07
Note(s):

**p < 0.01, *p < 0.05, p < 0.10; bootstrap sample size = 2,000; CI: 95% confidence interval

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