Table 1 Descriptive statistics and... | Emerald Publishing

Table 1

Descriptive statistics and correlation matrix

Variables	Mean	SD	1	2	3	4	5	6	7	8	9	10
1. Firm performance	0.10	0.16	1.00
2. Heterogeneous collaborative network	0.27	0.44	0.03***	1.00
3. Family management	0.91	1.05	0.03***	−0.12***	1.00
4. IPR	0.05	0.64	0.06***	0.01	0.05***	1.00
5. Firm size	4.12	1.39	0.02**	0.35***	−0.27***	−0.05***	1.00
6. Firm seniority	0.41	0.49	−0.04***	0.09***	−0.04***	−0.03**	0.21***	1.00
7. Internationalisation	0.26	0.30	0.03***	0.24***	−0.16***	−0.01	0.41***	0.16***	1.00
8. Diversification	0.15	0.35	−0.01	0.06***	−0.02**	0.05***	0.08***	0.07***	0.03***	1.00
9. Firm leverage	0.50	0.23	−0.05***	0.04***	−0.04**	−0.01	0.10***	−0.11***	0.01	−0.01	1.00
10. CBP	45.46	28.46	0.06***	−0.02**	−0.10***	−0.02	−0.02**	−0.09***	−0.05***	−0.05***	0.05***	1.00
Variance inflation factor				1.05	1.11	1.01	1.20	1.04	1.06	1.02	1.07	1.05

Variables	Mean	SD	1	2	3	4	5	6	7	8	9	10
1. Firm performance	0.10	0.16	1.00
2. Heterogeneous collaborative network	0.27	0.44	0.03***	1.00
3. Family management	0.91	1.05	0.03***	−0.12***	1.00
4. IPR	0.05	0.64	0.06***	0.01	0.05***	1.00
5. Firm size	4.12	1.39	0.02**	0.35***	−0.27***	−0.05***	1.00
6. Firm seniority	0.41	0.49	−0.04***	0.09***	−0.04***	−0.03**	0.21***	1.00
7. Internationalisation	0.26	0.30	0.03***	0.24***	−0.16***	−0.01	0.41***	0.16***	1.00
8. Diversification	0.15	0.35	−0.01	0.06***	−0.02**	0.05***	0.08***	0.07***	0.03***	1.00
9. Firm leverage	0.50	0.23	−0.05***	0.04***	−0.04**	−0.01	0.10***	−0.11***	0.01	−0.01	1.00
10. CBP	45.46	28.46	0.06***	−0.02**	−0.10***	−0.02	−0.02**	−0.09***	−0.05***	−0.05***	0.05***	1.00
Variance inflation factor				1.05	1.11	1.01	1.20	1.04	1.06	1.02	1.07	1.05

Note(s): SD = standard deviation. ***p < 0.01., **p < 0.05