Difference in means between non-innovative firms and innovative firms
| Variables | Non-innovative firms | Innovative firms | Difference |
|---|---|---|---|
| Innovation performance | 0.00 | 35.06 | −35.060*** |
| Turnover | 1,667.60 | 1,649.80 | 17.805 |
| Openness | 6.57 | 24.21 | −17.637*** |
| Formal training | 0.93 | 0.92 | 0.012 |
| New product marketing | 0.18 | 0.62 | −0.442*** |
| Marketing innovation | 0.54 | 0.77 | −0.232*** |
| Firm age | 12.85 | 14.57 | −1.725* |
| Firm size | 167.98 | 191.26 | −23.282 |
| Education level of employees | 0.26 | 0.32 | −0.066* |
| Exports destination | 0.92 | 0.94 | −0.026 |
| R&D expenditure | 2.40 | 14.09 | −11.691*** |
| Intellectual property rights | 0.17 | 0.31 | −0.145*** |
| Origin of innovation | 0.00 | 0.89 | −0.889*** |
| Sector dummy | 0.52 | 0.66 | −0.134*** |
| Group | 0.12 | 0.23 | −0.114*** |
| n | 315 | 316 |
| Variables | Non-innovative firms | Innovative firms | Difference |
|---|---|---|---|
| Innovation performance | 0.00 | 35.06 | −35.060*** |
| Turnover | 1,667.60 | 1,649.80 | 17.805 |
| Openness | 6.57 | 24.21 | −17.637*** |
| Formal training | 0.93 | 0.92 | 0.012 |
| New product marketing | 0.18 | 0.62 | −0.442*** |
| Marketing innovation | 0.54 | 0.77 | −0.232*** |
| Firm age | 12.85 | 14.57 | −1.725* |
| Firm size | 167.98 | 191.26 | −23.282 |
| Education level of employees | 0.26 | 0.32 | −0.066* |
| Exports destination | 0.92 | 0.94 | −0.026 |
| R&D expenditure | 2.40 | 14.09 | −11.691*** |
| Intellectual property rights | 0.17 | 0.31 | −0.145*** |
| Origin of innovation | 0.00 | 0.89 | −0.889*** |
| Sector dummy | 0.52 | 0.66 | −0.134*** |
| Group | 0.12 | 0.23 | −0.114*** |
| 315 | 316 |
Notes: t-test on equality of means. *p<0.10; **p<0.05; ***p<0.01
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