Regressions associated with the hypotheses
| Regressions | Dependent variables | ||
|---|---|---|---|
| Independent variables | Equation 1 (H1): Digitalization | Equation 2 (H3): Performance | Equation 3 (H2, H4): Performance |
| Level of digitalization | 0.274 (0.000) | ||
| Level of servitization | 0.094 (0.008) | 0.061 (0.032) | 0.036 (0.188) |
| Firm age | 0.083 (0.018) | 0.163 (0.000) | 0.141 (0.000) |
| Firm size | 0.101 (0.005) | 0.416 (0.000) | 0.390 (0.000) |
| Paper and paper products | 0.042 (0.27) | 0.156 (0.000) | 0.144 (0.000) |
| Chemicals and chemical products | −0.033 (0.415) | 0.283 (0.000) | 0.292 (0.000) |
| Rubber and plastic products | 0.052 (0.181) | 0.069 (0.028) | 0.055 (0.063) |
| Basic metals | 0.017 (0.656) | 0.216 (0.000) | 0.211 (0.000) |
| Fabricated metal products | – | – | – |
| Farming and industrial machinery and equipment | 0.174 (0.000) | 0.156 (0.000) | 0.108 (0.000) |
| Computer, electronic and optical products | 0.122 (0.001) | 0.036 (0.212) | 0.003 (0.915) |
| Electrical equipment | 0.105 (0.005) | 0.118 (0.000) | 0.089 (0.002) |
| Motor vehicles | 0.151 (0.000) | 0.270 (0.000) | 0.229 (0.000) |
| Other transport equipment | 0.076 (0.043) | 0.069 (0.022) | 0.048 (0.090) |
| Other manufacturing | 0.019 (0.605) | −0.070 (0.019) | −0.075 (0.007) |
| Adjusted R2 | 0.083 | 0.402 | 0.470 |
| F value | 6.461 (0.000) | 41.669 (0.000) | 50.876 (0.000) |
| Regressions | Dependent variables | ||
|---|---|---|---|
| Independent variables | Equation 1 ( | Equation 2 ( | Equation 3 ( |
| 0.274 (0.000) | |||
| 0.094 (0.008) | 0.061 (0.032) | 0.036 (0.188) | |
| 0.083 (0.018) | 0.163 (0.000) | 0.141 (0.000) | |
| 0.101 (0.005) | 0.416 (0.000) | 0.390 (0.000) | |
| 0.042 (0.27) | 0.156 (0.000) | 0.144 (0.000) | |
| | −0.033 (0.415) | 0.283 (0.000) | 0.292 (0.000) |
| | 0.052 (0.181) | 0.069 (0.028) | 0.055 (0.063) |
| | 0.017 (0.656) | 0.216 (0.000) | 0.211 (0.000) |
| | – | – | – |
| | 0.174 (0.000) | 0.156 (0.000) | 0.108 (0.000) |
| | 0.122 (0.001) | 0.036 (0.212) | 0.003 (0.915) |
| | 0.105 (0.005) | 0.118 (0.000) | 0.089 (0.002) |
| | 0.151 (0.000) | 0.270 (0.000) | 0.229 (0.000) |
| | 0.076 (0.043) | 0.069 (0.022) | 0.048 (0.090) |
| | 0.019 (0.605) | −0.070 (0.019) | −0.075 (0.007) |
| 0.083 | 0.402 | 0.470 | |
| 6.461 (0.000) | 41.669 (0.000) | 50.876 (0.000) | |
Note:
The table shows standard coefficients and significance in parentheses