Table 5

Analysis results of the effect of ambidextrous learning on exaptation

VariableExaptation
M1M2M3
Firm age−0.037−0.046−0.051
Firm scale−0.025−0.008−0.021
Ownership−0.067−0.058−0.059
Industry0.020−0.0010.021
EL_1 0.275*** 
EL_2  0.361***
△R20.0070.0820.137
F0.6106.191***11.039***

Note(s): ***Significant at the 0.001 level; **significant at the 0.01 level; *significant at the 0.05 level

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