Figure 2
The flowchart shows a text box labeled “Organizational Alertness” on the left with four arrows extending toward the right. The first arrow, labeled “0.55 triple asterisk (8.88),” points at the text box labeled “I T Exploration (0.30).” The second arrow, labeled “0.41 triple asterisk (5.3),” points at the text box labeled “I T Exploitation (0.016).” The third arrow, labeled “0.39 triple asterisk (4.31),” points at the text box labeled “Operational Adjustment (0.39).” The fourth arrow, labeled “0.35 triple asterisk (3.99),” points at the text box labeled “Market Capitalizing (0.39).” From “I T Exploration (0.30),” an arrow labeled “0.27 triple asterisk (2.91)” points to “Market Capitalizing (0.39),” and a dashed arrow labeled “negative 0.13 double asterisk (2.18)” points to “Operational Adjustment (0.38).” From “I T Exploitation (0.016),” an arrow labeled “0.20 triple asterisk (2.51)” points to “Operational Adjustment (0.38),” and a dashed arrow labeled “negative 0.10 asterisk (1.86)” points to “Market Capitalizing (0.39).” From “Market Capitalizing (0.39),” an arrow labeled “0.29 triple asterisk (2.52)” points to a text box labeled “Competitive Performance (0.10),” and from “Operational Adjustment (0.38),” an arrow labeled “0.06 (0.48)” points to “Competitive Performance (0.10).”Structural model results with moderation effects. Note: construct (R2adjusted); path ß (t values); ***p < 0.01, **p < 0.05, *p < 0.10. Source: Authors’ own work