Table 2 Means, standard deviations and...

Table 2

Means, standard deviations and correlation coefficients

Variable	Mean	SD	1	2	3	4	5	6	7
1. IC	3.38	0.49	1
2. SF	3.93	0.44	0.31**	1
3. SP	3.87	0.50	0.45**	0.36**	1
4. CA	3.69	0.81	0.26**	0.34**	0.45**	1
5. CI	3.55	0.62	0.32**	0.27**	0.24**	0.18*	1
6. Firm size	1.88	0.40	0.05***	0.04***	0.06***	0.05***	0.08***	1
7. Firm age	1.98	0.31	0.07***	0.06***	0.09***	0.05***	0.06***	0.09***	1

Variable	Mean	SD	1	2	3	4	5	6	7
1. IC	3.38	0.49	1
2. SF	3.93	0.44	0.31**	1
3. SP	3.87	0.50	0.45**	0.36**	1
4. CA	3.69	0.81	0.26**	0.34**	0.45**	1
5. CI	3.55	0.62	0.32**	0.27**	0.24**	0.18*	1
6. Firm size	1.88	0.40	0.05***	0.04***	0.06***	0.05***	0.08***	1
7. Firm age	1.98	0.31	0.07***	0.06***	0.09***	0.05***	0.06***	0.09***	1

Note(s): n = 159, *p < 0.05 (two-tailed), **p < 0.01(two-tailed), ***p > 0.05, IC = innovation capability, SF = strategic flexibility, CA = competitive advantage, CI = competitive intensity and SP = SME performance

Source(s): Created by author (2023)

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