Industry Development Tendency and Innovation Strategy Preference of Five Typical Industries under the Background of Low-Carbon Sustainable Development in China

Table 6

Results of moderating effect analyses of knowledge management capacity.

Variables	Dependent variable: technology innovation
	Model 1	Model 2	Model 3	Model 4
Control variables
Firm property	0.045	−0.001	−0.014	−0.008
Number of employees	−0.236	−0.189	−0.152	−0.155
Number of R&D researchers	0.513	0.353	0.337	339
Independent variable
Exploratory innovation		0.583	0.481	468
Moderating variable
Knowledge management capacity	.		0.174	183
Interaction term
Exploitation innovation × KMC				0.091
R^2	0.129	0.453	0.470	0.477
F	17.562	70.459	60.619	52.035

N = 337 (two-tailed test). , , and .