Table 2.

Negative binomial regression results for the Green Transformation Index

PredictorCoefficientIncidence rate ratio (IRR)Bootstrap p-valueInterpretation
KKK status1.424.14< 0.001Strongest predictor
Green strategy0.681.970.012Strong positive effect
ESG strategy0.712.030.008Strong positive effect
Innovation index (z)0.391.480.003Significant positive
Cooperation index (z)0.311.360.018Moderate positive
Log(budget) (z)0.221.250.045Positive effect of resources
Cluster size (z)−0.040.960.68No independent effect
Cluster age (z)0.181.200.09Weak positive trend
Source(s): Authors’ own work

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