Correlation matrix
| Variable name | |||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| LICENSE | 1 | ||||||||||
| ENGAGEMENT | 0.08 | 1 | |||||||||
| EMPOWERMENT | 0.07 | −0.03 | 1 | ||||||||
| AGE | 0.12 | 0.17 | 0.12 | 1 | |||||||
| DIMENSION | 0.21 | 0.15 | 0.21 | 0.36* | 1 | ||||||
| INV_DISC | 0.50* | 0.04 | 0.37* | 0.21 | 0.17 | 1 | |||||
| ST_LEGAL | 0.47* | −0.01 | 0.37* | 0.07 | 0.29* | 0.52* | 1 | ||||
| D_PRIVATE | −0.17 | −0.17 | −0.06 | −0.36 | −0.24 | −0.09 | 0.11 | 1 | |||
| ST_GDP_REG | 0.07 | −0.22 | 0.14 | 0.10 | −0.05 | 0.13 | 0.14 | 0.16 | 1 | ||
| RD_REG | 0.08 | −0.29* | 0.14 | 0.13 | −0.05 | 0.13 | 0.17 | 0.16 | 0.88* | 1 | |
| MED_DEP | −0.22 | 0.06 | −0.17 | −0.03 | −0.05 | −0.18 | −0.01 | 0.14 | 0.02 | −0.01 | 1 |
| Variable name | |||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| LICENSE | 1 | ||||||||||
| ENGAGEMENT | 0.08 | 1 | |||||||||
| EMPOWERMENT | 0.07 | −0.03 | 1 | ||||||||
| AGE | 0.12 | 0.17 | 0.12 | 1 | |||||||
| DIMENSION | 0.21 | 0.15 | 0.21 | 0.36* | 1 | ||||||
| INV_DISC | 0.50* | 0.04 | 0.37* | 0.21 | 0.17 | 1 | |||||
| ST_LEGAL | 0.47* | −0.01 | 0.37* | 0.07 | 0.29* | 0.52* | 1 | ||||
| D_PRIVATE | −0.17 | −0.17 | −0.06 | −0.36 | −0.24 | −0.09 | 0.11 | 1 | |||
| ST_GDP_REG | 0.07 | −0.22 | 0.14 | 0.10 | −0.05 | 0.13 | 0.14 | 0.16 | 1 | ||
| RD_REG | 0.08 | −0.29* | 0.14 | 0.13 | −0.05 | 0.13 | 0.17 | 0.16 | 0.88* | 1 | |
| MED_DEP | −0.22 | 0.06 | −0.17 | −0.03 | −0.05 | −0.18 | −0.01 | 0.14 | 0.02 | −0.01 | 1 |