Table I

Descriptive statistics

VariablesMeanSDMinMax
 1ln(Output)13.012.825.4020.93
 2ln(Capital)11.833.203.5024.25
 3ln(Labour)3.161.370.108.29
 4Internal R&D0.260.440.001.00
 5Foreign technology adoption0.190.400.001.00
 6Foreign ownership0.170.370.001.00
 7HCD0.410.490.001.00
 8Age22.0217.621.0096.00
 9Size0.500.500.001.00
10Export status0.180.390.001.00
11Imports32.8838.820.00100.00
12External financing0.280.450.001.00
13Access to credit0.330.470.001.00
14Educational attainment65.4232.670.00100.00
15Managerial experience0.570.500.001.00
16Formal status0.750.440.001.00
17Capacity utilisation0.880.330.001.00
18ICT infrastructure0.600.490.001.00
19Informal competition0.340.470.001.00
20High-technology industry0.170.370.001.00
21Medium-technology industry0.240.430.001.00
22Low-technology industry0.590.490.001.00
23Ghana0.140.340.001.00
24DRC0.170.380.001.00
25Tanzania0.070.260.001.00
26Uganda0.100.290.001.00
27Zambia0.190.390.001.00
28Kenya0.330.470.001.00

Note:n=418

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