The descriptive statistics of the composite variable are shown in Table 7.
[Insert Table 7 about here]
Pearson Correlation Analyses
As shown in Table 8, there appears to be some degree of correlation between the dependent
variable (with 3 factors) and independent variables. However, there were no correlations
exceeding 0.70. If the correlation is 0.75 and above, for the independent variables then there
might be a possibility of multicollinearity when the regression analysis is employed. Thus we
can conclude that there is no problem of multicollinearity.
[Insert Table 8 about here]
Table 9 presents the result of the regression analysis. Infrastructure and technology (β=
0.206, p< 0.05) and top management commitment (β= 0.473, p< 0.01) were found to be
positively related to digital technology readiness. As for e-commerce readiness it was the
same case as infrastructure and technology (β= 0.115, p< 0.05) and top management
commitment (β= 0.557, p< 0.01). For the digital technology readiness and e-commerce
readiness, top management commitment was the most influential driver indicating the role of
top management in gearing the company towards network readiness.
For e-business readiness, top management commitment did not seem to contribute whereas
infrastructure and technology (β= 0.311, p< 0.05) was the only significant driver. This goes