Table VII. Regression analysis on the... | Emerald Publishing

Table VII.

Regression analysis on the determinants of the performance of the regional industrial technology development programs in Phases 2 and 3

	Technological performance			Economic performance
Variables	Improve technology development capability	Product innovation	Process innovation	Increase of sales and exports	Contribution to sales
R&D capability
Company-affiliated research institute	0.044 [0.309]	0.019 [0.663]	0.024 [0.580]	0.051 [0.277]	0.049 [0.374]
Proportion of R&D personnel	0.085 [0.060]	0.038 [0.393]	0.038 [0.411]	0.104 [0.036]	0.061 [0.291]
Technology development project characteristic
Technical characteristics	0.149 [0.004]	0.255 [0.000]	0.185 [0.001]	0.267 [0.000]	0.070 [0.299]
Complexity	0.255 [0.000]	0.110 [0.039]	0.079 [0.143]	0.204 [0.001]	0.095 [0.166]
Dynamics	0.032 [0.556]	0.031 [0.566]	0.088 [0.104]	0.124 [0.038]	0.007 [0.928]
Competitiveness	0.043 [0.373]	0.054 [0.265]	0.189 [0.000]	0.044 [0.407]	0.109 [0.093]
Joint research	0.032 [0.457]	0.005 [0.906]	0.029 [0.498]	0.008 [0.858]	0.005 [0.931]
Participation of large corporations	0.153 [0.000]	0.022 [0.601]	0.087 [0.045]	0.071 [0.131]	0.137 [0.014]
Control variables
Size of the firm	0.025 [0.587]	0.164 [0.000]	0.197 [0.000]	0.147 [0.003]	0.001 [0.985]
Firm age	0.023 [0.622]	0.032 [0.500]	0.002 [0.972]	0.010 [0.847]	0.101 [0.085]
adj-R²	0.136	0.147	0.121	0.159	0.032
F	8.597 [0.000]	9.333 [0.000]	7.593 [0.000]	8.474 [0.000]	2.090 [0.025]

	Technological performance			Economic performance
Variables	Improve technology development capability	Product innovation	Process innovation	Increase of sales and exports	Contribution to sales
R&D capability
Company-affiliated research institute	0.044 [0.309]	0.019 [0.663]	0.024 [0.580]	0.051 [0.277]	0.049 [0.374]
Proportion of R&D personnel	0.085 [0.060]	0.038 [0.393]	0.038 [0.411]	0.104 [0.036]	0.061 [0.291]
Technology development project characteristic
Technical characteristics	0.149 [0.004]	0.255 [0.000]	0.185 [0.001]	0.267 [0.000]	0.070 [0.299]
Complexity	0.255 [0.000]	0.110 [0.039]	0.079 [0.143]	0.204 [0.001]	0.095 [0.166]
Dynamics	0.032 [0.556]	0.031 [0.566]	0.088 [0.104]	0.124 [0.038]	0.007 [0.928]
Competitiveness	0.043 [0.373]	0.054 [0.265]	0.189 [0.000]	0.044 [0.407]	0.109 [0.093]
Joint research	0.032 [0.457]	0.005 [0.906]	0.029 [0.498]	0.008 [0.858]	0.005 [0.931]
Participation of large corporations	0.153 [0.000]	0.022 [0.601]	0.087 [0.045]	0.071 [0.131]	0.137 [0.014]
Control variables
Size of the firm	0.025 [0.587]	0.164 [0.000]	0.197 [0.000]	0.147 [0.003]	0.001 [0.985]
Firm age	0.023 [0.622]	0.032 [0.500]	0.002 [0.972]	0.010 [0.847]	0.101 [0.085]
adj-R²	0.136	0.147	0.121	0.159	0.032
F	8.597 [0.000]	9.333 [0.000]	7.593 [0.000]	8.474 [0.000]	2.090 [0.025]

Note:

[ ] means the level of significance