Results of descriptive statistical analysis
| Variable | Mean | SD | 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Age | 45.99 | 6.34 | 1 | ||||||||||
| Educational level | 3.27 | 0.92 | −0.273*** | 1 | |||||||||
| Political capital | 0.27 | 0.44 | 0.119*** | −0.028 | 1 | ||||||||
| Output-function | 0.30 | 0.46 | −0.017 | −0.001 | −0.033 | 1 | |||||||
| Throughput-function | 0.46 | 0.50 | 0.119*** | −0.148*** | −0.216*** | −0.331*** | 1 | ||||||
| Peripheral-function | 0.42 | 0.49 | −0.098*** | 0.153*** | 0.327*** | −0.309*** | −0.545*** | 1 | |||||
| Life cycle of an industry | 0.56 | 0.50 | −0.158*** | −0.048* | 0.066*** | −0.014 | −0.125*** | 0.154*** | 1 | ||||
| Ownership | 0.49 | 0.50 | −0.051** | −0.169*** | −0.036 | −0.057** | 0.082*** | −0.01 | −0.130*** | 1 | |||
| Firm size | 21.76 | 1.63 | 0.124**** | 0.198**** | −0.023 | 0 | 0.078*** | −0.072*** | −0.329*** | −0.093*** | 1 | ||
| Labor-intensive industry | 0.24 | 0.43 | 0.113**** | −0.318*** | 0.052** | 0.033 | 0.172*** | −0.119*** | −0.110*** | 0.024 | −0.285*** | 1 | |
| Technology-intensive industry | 0.09 | 0.29 | 0.048* | −0.004 | −0.127*** | 0.327*** | −0.119*** | −0.183*** | −0.104*** | −0.126*** | −0.096*** | −0.181*** | 1 |
| Variable | Mean | SD | 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Age | 45.99 | 6.34 | 1 | ||||||||||
| Educational level | 3.27 | 0.92 | −0.273*** | 1 | |||||||||
| Political capital | 0.27 | 0.44 | 0.119*** | −0.028 | 1 | ||||||||
| Output-function | 0.30 | 0.46 | −0.017 | −0.001 | −0.033 | 1 | |||||||
| Throughput-function | 0.46 | 0.50 | 0.119*** | −0.148*** | −0.216*** | −0.331*** | 1 | ||||||
| Peripheral-function | 0.42 | 0.49 | −0.098*** | 0.153*** | 0.327*** | −0.309*** | −0.545*** | 1 | |||||
| Life cycle of an industry | 0.56 | 0.50 | −0.158*** | −0.048* | 0.066*** | −0.014 | −0.125*** | 0.154*** | 1 | ||||
| Ownership | 0.49 | 0.50 | −0.051** | −0.169*** | −0.036 | −0.057** | 0.082*** | −0.01 | −0.130*** | 1 | |||
| Firm size | 21.76 | 1.63 | 0.124**** | 0.198**** | −0.023 | 0 | 0.078*** | −0.072*** | −0.329*** | −0.093*** | 1 | ||
| Labor-intensive industry | 0.24 | 0.43 | 0.113**** | −0.318*** | 0.052** | 0.033 | 0.172*** | −0.119*** | −0.110*** | 0.024 | −0.285*** | 1 | |
| Technology-intensive industry | 0.09 | 0.29 | 0.048* | −0.004 | −0.127*** | 0.327*** | −0.119*** | −0.183*** | −0.104*** | −0.126*** | −0.096*** | −0.181*** | 1 |
Note(s): *p < 0.1; **p < 0.05; ***p < 0.01
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