Table 5. Correlation matrix Country GCI... | Emerald Publishing

Table 5.

Correlation matrix

Country	GCI	GDP per capita	Import/GDP	Export/GDP	Export share	Innovation capability	R&D expenditures	ICT adoption
Pearson correlation coefficients
GCI	1	0.380	0.084	−0.451	0.450	0.976	0.831	0.959
GDP per capita	0.380	1	0.213	−0.179	0.717	0.290	0.149	0.352
Import/GDP	0.084	0.213	1	0.437	0.465	0.097	0.102	0.017
Export/GDP	−0.451	−0.179	0.437	1	0.225	−0.427	−0.327	−0.551
Export share	0.450	0.717	0.465	0.225	1	0.386	0.282	0.396
Innovation capability	0.976	0.290	0.097	−0.427	0.386	1	0.911	0.922
R&D expenditures	0.831	0.149	0.102	−0.327	0.282	0.911	1	0.771
ICT adoption	0.959	0.352	0.017	−0.551	0.396	0.922	0.771	1
Significance (1-tailed)
GCI	.	0.002	0.269	0	0	0	0	0
GDP per capita	0.002	.	0.058	0.093	0	0.015	0.136	0.004
Import/GDP	0.269	0.058	.	0	0	0.239	0.227	0.450
Export/GDP	0	0.093	0	.	0.048	0.001	0.007	0
Export share	0	0	0	0.048	.	0.002	0.018	0.001
Innovation capability	0	0.015	0.239	0.001	0.002	.	0	0
R&D expenditures	0	0.136	0.227	0.007	0.018	0	.	0
ICT adoption	0	0.004	0.450	0	0.001	0	0	.

Country	GCI	GDP per capita	Import/GDP	Export/GDP	Export share	Innovation capability	R&D expenditures	ICT adoption
Pearson correlation coefficients
GCI	1	0.380	0.084	−0.451	0.450	0.976	0.831	0.959
GDP per capita	0.380	1	0.213	−0.179	0.717	0.290	0.149	0.352
Import/GDP	0.084	0.213	1	0.437	0.465	0.097	0.102	0.017
Export/GDP	−0.451	−0.179	0.437	1	0.225	−0.427	−0.327	−0.551
Export share	0.450	0.717	0.465	0.225	1	0.386	0.282	0.396
Innovation capability	0.976	0.290	0.097	−0.427	0.386	1	0.911	0.922
R&D expenditures	0.831	0.149	0.102	−0.327	0.282	0.911	1	0.771
ICT adoption	0.959	0.352	0.017	−0.551	0.396	0.922	0.771	1
Significance (1-tailed)
GCI	.	0.002	0.269	0	0	0	0	0
GDP per capita	0.002	.	0.058	0.093	0	0.015	0.136	0.004
Import/GDP	0.269	0.058	.	0	0	0.239	0.227	0.450
Export/GDP	0	0.093	0	.	0.048	0.001	0.007	0
Export share	0	0	0	0.048	.	0.002	0.018	0.001
Innovation capability	0	0.015	0.239	0.001	0.002	.	0	0
R&D expenditures	0	0.136	0.227	0.007	0.018	0	.	0
ICT adoption	0	0.004	0.450	0	0.001	0	0	.

Source: Authors' calculations based on Eurostat (2020) and WEF (2020)