Table 7

Moderating role analysis results of knowledge reconstruction ability

VariableExaptation
M1M2M3M4
Firm age−0.050−0.057−0.054−0.054
Firm scale−0.002−0.009−0.012−0.018
Ownership−0.066−0.072−0.065−0.068
Industry0.0010.0030.0160.017
EL_10.184**0.198**  
EL_2  0.302***0.309***
KRA0.169**0.222***0.136*0.171**
EL_1 × KRA 0.159**  
EL_2 × KRA   0.123*
△R20.1020.1230.1520.166
F6.552***6.928***10.359***9.806***

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

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