Page 238 - Hojnik, Jana. 2017. In Persuit of Eco-innovation. Drivers and Consequences of Eco-innovation at Firm Level. Koper: University of Primorska Press
P. 238
Pursuit of Eco-innovation
Measurement items Completely p Composite AVE Cronbach’s
standardized reliability alpha
loading
Company performance – growth (GR)
Number of employees - growth 0.30 n.a. n.a. 0.249**
through 2 business years 0.80
*
Net sales - growth through 2 busi-
ness years
Company performance – profitability (PF)
ROA 0.99
ROE 0.71 * 0.807 0.59 0.681
ROS 0.55 *
238 Internationalization (INT)
Number of foreign countries where
company currently sells its prod- 0.99
ucts/services
Share of sales on foreign markets 0.87 0.894 0.74 0.875
in 2013 *
Total number of operation modes 0.70 *
Note: * p-values are significant at 0.05 level; ** correlation between the two items pertaining
to the construct company growth is significant at the 0.01 level; n.a. = not applicable, because
the construct company growth is composed of only two items.
Moreover, Table 83 depicts correlations between latent variables,
where we can observe that all correlations are statistically significant.
Measurement items Completely p Composite AVE Cronbach’s
standardized reliability alpha
loading
Company performance – growth (GR)
Number of employees - growth 0.30 n.a. n.a. 0.249**
through 2 business years 0.80
*
Net sales - growth through 2 busi-
ness years
Company performance – profitability (PF)
ROA 0.99
ROE 0.71 * 0.807 0.59 0.681
ROS 0.55 *
238 Internationalization (INT)
Number of foreign countries where
company currently sells its prod- 0.99
ucts/services
Share of sales on foreign markets 0.87 0.894 0.74 0.875
in 2013 *
Total number of operation modes 0.70 *
Note: * p-values are significant at 0.05 level; ** correlation between the two items pertaining
to the construct company growth is significant at the 0.01 level; n.a. = not applicable, because
the construct company growth is composed of only two items.
Moreover, Table 83 depicts correlations between latent variables,
where we can observe that all correlations are statistically significant.
