Table 3 The results of the regression...

Table 3

The results of the regression for the digitalization level

	Model 1: Base model			Model 2: H1 digitalization
	Coef	Std. Err	P > z	Coef	Std. Err	P > z
AdoptedRL17				0.4217	0.1322	0.001
newemployee_knowl	0.5169	0.0769	0.000	0.5203	0.0761	0.000
new_tech_acq	0.4612	0.0816	0.000	0.4552	0.0810	0.000
cost_employ_train17	4.3537	2.0854	0.037	3.9750	2.0710	0.055
graduate_employee17
0 ≤ × < 5	0.4871	0.1721	0.005	0.4894	0.1712	0.004
5 ≤ × < 10	0.3767	0.1645	0.022	0.3617	0.1638	0.027
10 ≤ × < 15	0.4359	0.1671	0.009	0.4262	0.1665	0.010
15 ≤ × < 20	0.4810	0.1835	0.009	0.4446	0.1835	0.015
20 ≤ × < 30	0.6474	0.1645	0.000	0.6615	0.1637	0.000
30 ≤ × < 50	0.4889	0.1676	0.004	0.4639	0.1673	0.006
50 ≤ × < 75	0.6556	0.1724	0.000	0.6490	0.1717	0.000
75 ≤ ×<=100	0.6898	0.1887	0.000	0.6764	0.1882	0.000
sector
Food/Tobacco	0.0050	0.2958	0.987	−0.0404	0.2947	0.891
Textiles	0.4666	0.2701	0.084	0.4673	0.2681	0.081
Wood/Paper	0.0648	0.3312	0.845	0.0788	0.3293	0.811
Chemical	−0.0585	0.2856	0.838	−0.0600	0.2837	0.832
Plastics	0.4129	0.2814	0.142	0.3451	0.2806	0.219
Glass/Ceramics	0.2474	0.3208	0.441	0.1886	0.3206	0.556
Metals	0.2126	0.2462	0.388	0.2119	0.2446	0.386
Electrical equipment	0.4905	0.2318	0.034	0.4607	0.2303	0.045
Machinery	0.3584	0.2664	0.179	0.3588	0.2641	0.174
Retail/Automobile	0.4406	0.2886	0.127	0.4288	0.2868	0.135
Furniture/Toys/Medical tech.	0.0571	0.2685	0.831	0.0545	0.2666	0.838
Energy/Water	0.0293	0.2603	0.910	0.0538	0.2591	0.835
Wholesale	0.5950	0.2571	0.021	0.5397	0.2562	0.035
Transport equipment/Postal.	0.3649	0.2535	0.150	0.3823	0.2520	0.129
Media services	0.4939	0.2480	0.046	0.4933	0.2460	0.045
IT/Telecommunications	0.6066	0.2512	0.016	0.6111	0.2495	0.014
Banking/Insurance	0.9538	0.2497	0.000	0.9605	0.2480	0.000
Technical services/R&D serv.	0.5572	0.2397	0.020	0.5740	0.2385	0.016
Consulting/Advertisement	0.6978	0.2443	0.004	0.7175	0.2429	0.003
Firm-related services	0.6432	0.2595	0.013	0.6316	0.2577	0.014
firm_size
50–249 employees	0.3377	0.0887	0.000	0.3231	0.0882	0.0000
>=250 employees	0.2750	0.1307	0.035	0.2694	0.1296	0.0380
export_perc	0.4120	0.1504	0.006	0.4072	0.1489	0.0060
public_funding	0.1773	0.0802	0.027	0.1672	0.0796	0.0360
sales	0.0012	0.0004	0.005	0.0012	0.0004	0.0040
_cons	−1.7453	0.2363	0.000	−1.7439	0.2349	0.0000

	Model 1: Base model			Model 2: H1 digitalization
	Coef	Std. Err	P > z	Coef	Std. Err	P > z
AdoptedRL17				0.4217	0.1322	0.001
newemployee_knowl	0.5169	0.0769	0.000	0.5203	0.0761	0.000
new_tech_acq	0.4612	0.0816	0.000	0.4552	0.0810	0.000
cost_employ_train17	4.3537	2.0854	0.037	3.9750	2.0710	0.055
graduate_employee17
0 ≤ × < 5	0.4871	0.1721	0.005	0.4894	0.1712	0.004
5 ≤ × < 10	0.3767	0.1645	0.022	0.3617	0.1638	0.027
10 ≤ × < 15	0.4359	0.1671	0.009	0.4262	0.1665	0.010
15 ≤ × < 20	0.4810	0.1835	0.009	0.4446	0.1835	0.015
20 ≤ × < 30	0.6474	0.1645	0.000	0.6615	0.1637	0.000
30 ≤ × < 50	0.4889	0.1676	0.004	0.4639	0.1673	0.006
50 ≤ × < 75	0.6556	0.1724	0.000	0.6490	0.1717	0.000
75 ≤ ×<=100	0.6898	0.1887	0.000	0.6764	0.1882	0.000
sector
Food/Tobacco	0.0050	0.2958	0.987	−0.0404	0.2947	0.891
Textiles	0.4666	0.2701	0.084	0.4673	0.2681	0.081
Wood/Paper	0.0648	0.3312	0.845	0.0788	0.3293	0.811
Chemical	−0.0585	0.2856	0.838	−0.0600	0.2837	0.832
Plastics	0.4129	0.2814	0.142	0.3451	0.2806	0.219
Glass/Ceramics	0.2474	0.3208	0.441	0.1886	0.3206	0.556
Metals	0.2126	0.2462	0.388	0.2119	0.2446	0.386
Electrical equipment	0.4905	0.2318	0.034	0.4607	0.2303	0.045
Machinery	0.3584	0.2664	0.179	0.3588	0.2641	0.174
Retail/Automobile	0.4406	0.2886	0.127	0.4288	0.2868	0.135
Furniture/Toys/Medical tech.	0.0571	0.2685	0.831	0.0545	0.2666	0.838
Energy/Water	0.0293	0.2603	0.910	0.0538	0.2591	0.835
Wholesale	0.5950	0.2571	0.021	0.5397	0.2562	0.035
Transport equipment/Postal.	0.3649	0.2535	0.150	0.3823	0.2520	0.129
Media services	0.4939	0.2480	0.046	0.4933	0.2460	0.045
IT/Telecommunications	0.6066	0.2512	0.016	0.6111	0.2495	0.014
Banking/Insurance	0.9538	0.2497	0.000	0.9605	0.2480	0.000
Technical services/R&D serv.	0.5572	0.2397	0.020	0.5740	0.2385	0.016
Consulting/Advertisement	0.6978	0.2443	0.004	0.7175	0.2429	0.003
Firm-related services	0.6432	0.2595	0.013	0.6316	0.2577	0.014
firm_size
50–249 employees	0.3377	0.0887	0.000	0.3231	0.0882	0.0000
>=250 employees	0.2750	0.1307	0.035	0.2694	0.1296	0.0380
export_perc	0.4120	0.1504	0.006	0.4072	0.1489	0.0060
public_funding	0.1773	0.0802	0.027	0.1672	0.0796	0.0360
sales	0.0012	0.0004	0.005	0.0012	0.0004	0.0040
_cons	−1.7453	0.2363	0.000	−1.7439	0.2349	0.0000

Source(s): Table by authors

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