Discriminant validity of construct: Fornell–Larcker and Henseler (HTMT) criterion
| Composite | 1 | 2 | 3 | 4 |
|---|---|---|---|---|
| Fornell–Larcker criterion | ||||
| 1. Risk-taking | 0.724 | |||
| 2. Innovativeness | 0.330 | 0.775 | ||
| 3. Proactiveness | 0.293 | 0.667 | 0.744 | |
| 4. Firm performance | 0.332 | 0.411 | 0.527 | 0.800 |
| HTMT criterion | ||||
| 1. Risk-taking | ||||
| 2. Innovativeness | 0.440 | |||
| 3. Proactiveness | 0.386 | 0.843 | ||
| 4. Firm Performance | 0.386 | 0.452 | 0.636 | |
| Composite | 1 | 2 | 3 | 4 |
|---|---|---|---|---|
| 1. Risk-taking | ||||
| 2. Innovativeness | 0.330 | |||
| 3. Proactiveness | 0.293 | 0.667 | ||
| 4. Firm performance | 0.332 | 0.411 | 0.527 | |
| 1. Risk-taking | ||||
| 2. Innovativeness | 0.440 | |||
| 3. Proactiveness | 0.386 | 0.843 | ||
| 4. Firm Performance | 0.386 | 0.452 | 0.636 | |
Note(s): Elements in italic show square roots of AVE
Source(s): Authors' work
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