臺大管理論叢 NTU Management Review VOL.29 NO.1

Choose Foreign R&D Partners From Right Pools: A Synthesis Framework 114 4. Empirical Results Figure 3 provides the complete estimation results derived by path analysis. The analysis results indicate a good fit of our synthesis framework ( χ 2 = 41.962, degree of freedom [df] = 8, χ 2 /df = 5.245, GFI = 0.913, NFI = 0.992, CFI = 0.994, RMSEA = 0.042). We follow the method of Hong, Song, and Yoo (2013) to conduct the pairwise t-tests between the two path coefficients associated with each pair of constructs (Strategic Motive → Learning Strategy; Learning Strategy → Partner Selection; Learning Strategy* Context → Partner Selection) and the results are shown in Table 3. As the path coefficient between each pair of constructs is statistically different, we therefore directly compare the coefficients of the paired causal paths to test our hypotheses. Figure 3 Estimation Results of Path Analysis Notes: All path coefficients of the causal paths are standardized; * p < 0.1; ** p < 0.05; *** p < 0.01. Institutional Voids (IV) Market- expansion (ME) Technology -acquisition (TA) Exploitation (EPOI) Exploration (EPOR) Internal Stakeholders (ISTK) External Stakeholders (ESTK) 0.138** 0.202*** 1.006*** 1.163*** 0.612*** -0.645*** 0.534*** 0.243 -0.208 -0.050 0.392 1.644***