Table II

Difference in means between non-innovative firms and innovative firms

VariablesNon-innovative firmsInnovative firmsDifference
Innovation performance0.0035.06−35.060***
Turnover1,667.601,649.8017.805
Openness6.5724.21−17.637***
Formal training0.930.920.012
New product marketing0.180.62−0.442***
Marketing innovation0.540.77−0.232***
Firm age12.8514.57−1.725*
Firm size167.98191.26−23.282
Education level of employees0.260.32−0.066*
Exports destination0.920.94−0.026
R&D expenditure2.4014.09−11.691***
Intellectual property rights0.170.31−0.145***
Origin of innovation0.000.89−0.889***
Sector dummy0.520.66−0.134***
Group0.120.23−0.114***
n315316 

Notes:t-test on equality of means. *p<0.10; **p<0.05; ***p<0.01

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