Table 5 Mediation effect size of process...

Table 5

Mediation effect size of process innovation

Indirect effect	Variance explained			Size of the mediation effect
Indirect effect	R² included	R² excluded	R² variance explained	(f ²)
Hybrid Strategy → Process Innovation → Firm Performance	0.37	0.34	0.03	0.05 (small effect)

Indirect effect	Variance explained			Size of the mediation effect
Indirect effect	R² included	R² excluded	R² variance explained	(f ²)
Hybrid Strategy → ProcessInnovation → Firm Performance	0.37	0.34	0.03	0.05 (small effect)

Note(s): f² = (R² included – R² excluded)/(1 – R² included); effect sizes of f² ≥ 0.02, ≥0.15, and ≥0.35 are small, medium and large, respectively (Cohen, 1988)

Source(s): Authors’ own elaboration

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