Variable descriptive statistics
| Variables | N | Mean | SD | Min | Max | |
|---|---|---|---|---|---|---|
| 1 | Acquisition | 1327 | 0.561 | 0.496 | 0 | 1 |
| 2 | R&D Above Industry | 1187 | 0.044 | 0.580 | 0 | 19.709 |
| 3 | R&D Below Industry | 1187 | −0.037 | 0.048 | −0.291 | 0 |
| 4 | Acquisition Experience | 1267 | 5.605 | 7.108 | 0 | 52.408 |
| 5 | Performance Above Aspirations | 821 | 0.056 | 0.402 | 0 | 8.447 |
| 6 | Performance Below Aspirations | 821 | −0.126 | 0.304 | −5.664 | 0 |
| 7 | Network Centrality | 1076 | 8.307 | 5.845 | 0 | 26.959 |
| 8 | Sales and Admin. Above Industry | 1070 | 0.107 | 0.559 | 0 | 8.328 |
| 9 | Sales and Admin. Below Industry | 1070 | −0.108 | 0.133 | −0.685 | 0 |
| 10 | Liquidity | 1182 | 2.881 | 2.763 | 0.174 | 44.007 |
| 11 | Leverage | 1209 | 1.062 | 3.450 | −87.103 | 71.761 |
| 12 | Asia | 1327 | 0.150 | 0.357 | 0 | 1 |
| 13 | Firm Size | 1246 | 8.504 | 1.701 | 2.447 | 12.269 |
| 14 | Firm Age | 1252 | 1923.196 | 68.570 | 1668 | 2005 |
| Variables | N | Mean | SD | Min | Max | |
|---|---|---|---|---|---|---|
| 1 | Acquisition | 1327 | 0.561 | 0.496 | 0 | 1 |
| 2 | R&D Above Industry | 1187 | 0.044 | 0.580 | 0 | 19.709 |
| 3 | R&D Below Industry | 1187 | −0.037 | 0.048 | −0.291 | 0 |
| 4 | Acquisition Experience | 1267 | 5.605 | 7.108 | 0 | 52.408 |
| 5 | Performance Above Aspirations | 821 | 0.056 | 0.402 | 0 | 8.447 |
| 6 | Performance Below Aspirations | 821 | −0.126 | 0.304 | −5.664 | 0 |
| 7 | Network Centrality | 1076 | 8.307 | 5.845 | 0 | 26.959 |
| 8 | Sales and Admin. Above Industry | 1070 | 0.107 | 0.559 | 0 | 8.328 |
| 9 | Sales and Admin. Below Industry | 1070 | −0.108 | 0.133 | −0.685 | 0 |
| 10 | Liquidity | 1182 | 2.881 | 2.763 | 0.174 | 44.007 |
| 11 | Leverage | 1209 | 1.062 | 3.450 | −87.103 | 71.761 |
| 12 | Asia | 1327 | 0.150 | 0.357 | 0 | 1 |
| 13 | Firm Size | 1246 | 8.504 | 1.701 | 2.447 | 12.269 |
| 14 | Firm Age | 1252 | 1923.196 | 68.570 | 1668 | 2005 |
Note(s): SD - standard deviation
Source(s): Author's own creation/work
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