Table 1 Descriptive statistics of the...

Table 1

Descriptive statistics of the variables used in this study

Type	Variables	Obs.	Mean	Std. dev	Minimum	Maximum
Dependent	performance	19,733	8.496	3.385	2.162	17.88
Independent	dt	19,733	0.357	0.0988	0.232	0.631
Control	state	19,733	0.262	0.440	0	1
	lnage	19,733	1.924	0.916	0	3.466
	lnboard	19,733	2.112	0.191	1.386	2.890
	indep	19,733	0.376	0.0552	0.143	0.800
	top10	19,733	0.589	0.148	0.236	0.893
	dual	19,733	0.328	0.470	0	1
	capital	19,733	5.124	0.677	3.585	6.905
	growth	19,733	0.195	0.426	−0.533	2.599
	subsidy	19,733	0.0137	0.0170	0	0.100
	tax	19,733	0.141	0.161	−0.631	0.783
	asset	19,733	9.229	27.88	0.0459	919.4
Mechanism	rdspend	18,764	0.211	0.895	0	73.84
	lnsupply	19,733	−1.309	0.579	−3.103	−0.249
	strategy	19,733	0.457	0.204	0.187	0.999
	innovation	19,733	1.924	1.569	0	5.961
	turnover	19,733	6.763	6.094	0.000173	68.39
	HHI	19,637	0.132	0.126	0.023	1
	opticalcable	19,733	180.5	115.1	5.064	415.9
	broadband	17,562	0.419	0.334	0	2.380
	application	19,733	2.255	7.732	0	369
	finance	19,733	3.608	1.339	1.518	8.131
	fintech	18,168	4.595	1.604	0	7.491
	recognition	19,733	4.772	1.763	0	11
	manage	19,733	0.915	0.0578	0.650	0.989
	labor	18,921	14.42	0.866	12.67	17.03
Instrument	telecom	16,885	0.747	1.001	0.00407	7.352

Type	Variables	Obs.	Mean	Std. dev	Minimum	Maximum
Dependent	performance	19,733	8.496	3.385	2.162	17.88
Independent	dt	19,733	0.357	0.0988	0.232	0.631
Control	state	19,733	0.262	0.440	0	1
	lnage	19,733	1.924	0.916	0	3.466
	lnboard	19,733	2.112	0.191	1.386	2.890
	indep	19,733	0.376	0.0552	0.143	0.800
	top10	19,733	0.589	0.148	0.236	0.893
	dual	19,733	0.328	0.470	0	1
	capital	19,733	5.124	0.677	3.585	6.905
	growth	19,733	0.195	0.426	−0.533	2.599
	subsidy	19,733	0.0137	0.0170	0	0.100
	tax	19,733	0.141	0.161	−0.631	0.783
	asset	19,733	9.229	27.88	0.0459	919.4
Mechanism	rdspend	18,764	0.211	0.895	0	73.84
	lnsupply	19,733	−1.309	0.579	−3.103	−0.249
	strategy	19,733	0.457	0.204	0.187	0.999
	innovation	19,733	1.924	1.569	0	5.961
	turnover	19,733	6.763	6.094	0.000173	68.39
	HHI	19,637	0.132	0.126	0.023	1
	opticalcable	19,733	180.5	115.1	5.064	415.9
	broadband	17,562	0.419	0.334	0	2.380
	application	19,733	2.255	7.732	0	369
	finance	19,733	3.608	1.339	1.518	8.131
	fintech	18,168	4.595	1.604	0	7.491
	recognition	19,733	4.772	1.763	0	11
	manage	19,733	0.915	0.0578	0.650	0.989
	labor	18,921	14.42	0.866	12.67	17.03
Instrument	telecom	16,885	0.747	1.001	0.00407	7.352

Note(s): Std. dev. refers to standard deviation

Source(s): Authors’ own work

Sharing Unavailable