Research Article

Research on the Relationship between Construction 4.0 and Construction Firm’s Performance: Based on the Mediating Role of Technological Innovation Capability

Table 2

Definition of variables.

VariablesVariable symbolDescription

Dependent variableFirm performanceROEReturn on equity
Independent variableConstruction 4.0C4Sourced from text mining
Mediating variableTechnological innovation capabilityInfIndex of technological innovation capability

Control variablesCompany ageAgeThe natural logarithm of the year the company was founded
Debt asset ratioLevTotal liabilities/total assets
Contribution of management expensesCmeMain business income/administrative expenses
Total assets turnoverTtcNet profit/total average assets