Table 2

Descriptive statistics, correlations and VIF (diagonally) of independent and control variables

Variables12345678
(1) Innovation FailuresNA
(2) Future Innovation Capability−0.091NA
(3) Manufacturing0.014−0.0042.785
(4) Wholesale and retail trade−0.0380.004−0.3781.829
(5) Services0.0340.009−0.607−0,2102.525
(6) SME0.0090.000−0.044−0.0210.3681.026
(7) Organisational knowledge (OK)−0.087−0.014−0.095−0.0380.1540.0171.070
(8) Knowledge spillovers (KS)−0,111−0,0160,0370,0180,0200,0300,1691,055
Mean0,1450,1000,5050,1110,2580,5171,5890,000
Standard deviation0,3530,3240,5000,3140,4380,5000,8121,000
Minimum0.000−1.0000.0000.0000.0000.0000.000−1.248
Maximum1.0004.0001.0001.0001.0001.0003.0001.531
Source(s): Created by the authors

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