Dependent variable regressions
| Sales success | Model 1. Product innovation | Model 2. Radical innovation | Model 3. Incremental innovation | Model 4. Patents | Model 5. Mediator effect | |||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Coef. | Std. err. | z | P > |z| | Coef. | Std. err. | z | P > |z| | Coef. | Std. err. | z | P > |z| | Coef. | Std. err. | z | P > |z| | Coef. | Std. err. | z | P > |z| | |
| Product innovation | 0.35 | 0.15 | 2.21 | 0.02 | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – |
| Radical innovation | – | – | – | – | 0.04 | 0.19 | 0.21 | 0.83 | – | – | – | – | – | – | – | – | – | – | – | – |
| Incremental innovation | – | – | – | – | – | – | – | – | 0.56 | 0.20 | 2.74 | 0.0 | – | – | – | – | – | – | – | – |
| Patents | – | – | – | – | – | – | – | – | – | – | – | -– | −0.67 | 0.16 | −4.2 | 0.0 | – | – | – | – |
| Mediator effect | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | −0.62 | 0.21 | −2.95 | 0.00 |
| Internal R&D expenditure | 6.57 × 10−9 | 1.19 × 10−8 | 0.55 | 0.58 | 1.18 × 10−8 | 1.58 × 10−8 | 0.75 | 0.45 | 5.52 × 10−9 | 1.10 × 10−8 | 0.50 | 0.61 | 1.07 × 10−7 | 2.53 × 10−8 | 4.23 | 0.0 | 1.02 × 10−7 | 3.34 × 10−8 | 3.07 | 0.00 |
| External R&D expenditure | 4.60 × 10−8 | 5.86 × 10−8 | 0.78 | 0.43 | 5.93 × 10−8 | 6.03 × 10−8 | 0.98 | 0.32 | 5.44 × 10−8 | 5.80 × 10−8 | 0.94 | 0.34 | 5.36 × 10−8 | 6.87 × 10−8 | 0.78 | 0.4 | 4.10 × 10−8 | 6.41 × 10−8 | 0.64 | 0.52 |
| Constant | −0.045 | 0.05 | −0.9 | 0.37 | −0.013 | 0.49 | −0.26 | 0.79 | −0.04 | 0.049 | −0.86 | 0.38 | 0.01 | 0.048 | 0.24 | 0.8 | 0.029 | 0.048 | 0.60 | 0.54 |
| Number of obs | 1,746 | 1,746 | 1,746 | 1,712 | ||||||||||||||||
| LR chi2(3) | 8.39 | 3.52 | 11.19 | 37.54 | 17.91 | |||||||||||||||
| Prob > chi2 | 0.0385 | 0.3186 | 0.0107 | 0.0000 | 0.0005 | |||||||||||||||
| Pseudo R2 | 0.0035 | 0.0015 | 0.0046 | 0.0155 | 0.0075 | |||||||||||||||
| Sales success | Model 1. | Model 2. | Model 3. | Model 4. | Model 5. | |||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Coef. | Std. err. | Coef. | Std. err. | Coef. | Std. err. | Coef. | Std. err. | Coef. | Std. err. | |||||||||||
| Product innovation | 0.35 | 0.15 | 2.21 | 0.02 | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – |
| Radical innovation | – | – | – | – | 0.04 | 0.19 | 0.21 | 0.83 | – | – | – | – | – | – | – | – | – | – | – | – |
| Incremental innovation | – | – | – | – | – | – | – | – | 0.56 | 0.20 | 2.74 | 0.0 | – | – | – | – | – | – | – | – |
| Patents | – | – | – | – | – | – | – | – | – | – | – | -– | −0.67 | 0.16 | −4.2 | 0.0 | – | – | – | – |
| Mediator effect | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | −0.62 | 0.21 | −2.95 | 0.00 |
| Internal R&D expenditure | 6.57 × 10−9 | 1.19 × 10−8 | 0.55 | 0.58 | 1.18 × 10−8 | 1.58 × 10−8 | 0.75 | 0.45 | 5.52 × 10−9 | 1.10 × 10−8 | 0.50 | 0.61 | 1.07 × 10−7 | 2.53 × 10−8 | 4.23 | 0.0 | 1.02 × 10−7 | 3.34 × 10−8 | 3.07 | 0.00 |
| External R&D expenditure | 4.60 × 10−8 | 5.86 × 10−8 | 0.78 | 0.43 | 5.93 × 10−8 | 6.03 × 10−8 | 0.98 | 0.32 | 5.44 × 10−8 | 5.80 × 10−8 | 0.94 | 0.34 | 5.36 × 10−8 | 6.87 × 10−8 | 0.78 | 0.4 | 4.10 × 10−8 | 6.41 × 10−8 | 0.64 | 0.52 |
| Constant | −0.045 | 0.05 | −0.9 | 0.37 | −0.013 | 0.49 | −0.26 | 0.79 | −0.04 | 0.049 | −0.86 | 0.38 | 0.01 | 0.048 | 0.24 | 0.8 | 0.029 | 0.048 | 0.60 | 0.54 |
| Number of obs | 1,746 | 1,746 | 1,746 | 1,712 | ||||||||||||||||
| LR chi2(3) | 8.39 | 3.52 | 11.19 | 37.54 | 17.91 | |||||||||||||||
| Prob > chi2 | 0.0385 | 0.3186 | 0.0107 | 0.0000 | 0.0005 | |||||||||||||||
| Pseudo R2 | 0.0035 | 0.0015 | 0.0046 | 0.0155 | 0.0075 | |||||||||||||||
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