Table 3

Summary of results

HypothesisSample mean (M)Standardised path coefficient (β)t-statistics (O/STERRR)R2Q2
Blindfolding
H1 R&D enablers → exploration0.2430.2432.585**0.1690.123
H2 R&D barriers → exploration−0.252−0.2522.215*
H3 Industrial property → exploration−0.272−0.2723.962***
H4 Exploration → exploitation0.8570.85727.969***0.7350.482
H5 Exploitation → innovative outcome0.8490.84926.246***0.7220.487

Note(s): Values estimated using Smart PLS for a bootstrapping sample of 500

Significance: t (0.05; 499) = 1.647345; t (0.01; 499) = 2.585711627; t (0.001; 499) = 3.310124157; Confidence level 95%, 99 and 99.9%. *p < 0.05; **p < 0.01; ***p < 0.001 based on t (499), two-tailed Student's t-test with n−1 degrees of freedom

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