Table 2 Correlation matrix and... | Emerald Publishing

Table 2

Correlation matrix and descriptive statistics

Variables	Mean	SD	Min	Max	(1)	(2)	(3)	(4)	(5)	(6)	(7)	(8)	(9)	(10)	(11)
(1) Firm's age	3.84	0.405	1	21	1.00
(2) Firm's size	18.43	1.962	3	120	0.494***	1.00
(3) Industry (IT)	0.482	0.501	0	1	−0.052	−0.263	1.00
(4) Government financial support	0.75	0.435	0	1	−0.019	0.022	0.066	1.00
(5) Years abroad	7.03	5.84	2	30	0.175*	0.096	−0.305**	−0.143	1.00
(6) Business abroad	0.402	0.492	0	1	0.084	0.043	0.012	0.305	0.152	1.00
(7) Overseas knowledge	3.11	0.111	1	5	0.3***	0.097	−0.344***	−0.24**	0.205**	−0.101	1.00
(8) Local knowledge	3.77	1.087	1	5	0.348***	0.079	−0.238**	−0.138	0.207**	−0.028	0.732***	1.00
(9) Stakeholder engagement	3.71	0.098	1	5	0.154	0.147	−0.043	−0.211**	−0.178*	−0.076	0.287***	0.224***	1.00
(10) Legitimacy	3.64	0.099	1	5	0.37***	0.256**	−0.269**	0.016	0.213**	0.085	0.343***	0.469***	0.383***	1.00
Performance in innovation	3.11	0.099	1	5	0.267***	0.074	−0.219*	−0.159	0.287***	−0.044	0.473***	0.425***	0.327***	0.583***	1.00

Variables	Mean	SD	Min	Max	(1)	(2)	(3)	(4)	(5)	(6)	(7)	(8)	(9)	(10)	(11)
(1) Firm's age	3.84	0.405	1	21	1.00
(2) Firm's size	18.43	1.962	3	120	0.494***	1.00
(3) Industry (IT)	0.482	0.501	0	1	−0.052	−0.263	1.00
(4) Government financial support	0.75	0.435	0	1	−0.019	0.022	0.066	1.00
(5) Years abroad	7.03	5.84	2	30	0.175*	0.096	−0.305**	−0.143	1.00
(6) Business abroad	0.402	0.492	0	1	0.084	0.043	0.012	0.305	0.152	1.00
(7) Overseas knowledge	3.11	0.111	1	5	0.3***	0.097	−0.344***	−0.24**	0.205**	−0.101	1.00
(8) Local knowledge	3.77	1.087	1	5	0.348***	0.079	−0.238**	−0.138	0.207**	−0.028	0.732***	1.00
(9) Stakeholder engagement	3.71	0.098	1	5	0.154	0.147	−0.043	−0.211**	−0.178*	−0.076	0.287***	0.224***	1.00
(10) Legitimacy	3.64	0.099	1	5	0.37***	0.256**	−0.269**	0.016	0.213**	0.085	0.343***	0.469***	0.383***	1.00
Performance in innovation	3.11	0.099	1	5	0.267***	0.074	−0.219*	−0.159	0.287***	−0.044	0.473***	0.425***	0.327***	0.583***	1.00

Note(s): *** Shows significance at the 0.01 level (2-tailed)

** shows significance at the 0.05 level (2-tailed)

* shows significance at the 0.1 level (2-tailed)