Table 7.

OLS regression estimation results (OLC-process innovation)

PRO-InovOLS estimation
Coef.Std. errortp>|t|
Constant0.07232390.04983551.450.148
OLC0.40986870.06989645.860.000
R&D0.09001870.02148014.190.000
Firm age0.0004040.00731950.060.956
Firm size9.21e-060.00001730.530.594

Notes:

PRO-Inov: process innovation; F(4, 192) = 19.93; Prob > F = 0.0000; R-squared = 0.2934; Adj. R-squared = 0.2787

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