Table 8

Stepwise regression analysis for level of industry 4.0 transformation and independent variables

Dependent variableIndependent variablesIncluded variablesExcluded variablesR2
Level of Industry 4.0 transformationCompany size, Technological level of products, Level of automation, Level of agility/flexibility, Level of Lean applications and Budget allocation for R&DCompany size, Level of automation, Level of Lean applications and Budget allocation for R&DTechnological level of products
Level of agility/flexibility
0.501

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