Table 5.

Probit regression models of international knowledge sourcing

DV: InternationalModel
knowledge sourcing1234
Industry dummyIncludedIncludedIncludedIncluded
Korean knowledge stock−0.052 (0.001)***−0.052 (0.000)***−0.051 (0.001)***−0.051 (0.001)***
Knowledge stock of foreign-owned firms in South Korea0.230 (0.010)***0.236 (0.010)***0.241 (0.010)***0.242 (0.010)***
Export-intensity 0.010 (0.000)*** 0.007 (0.001)***
Inward FDI  0.085 (0.004)***0.059 (0.005)***
Chi26,045.61***6,533.92***6,518.56***6,706.97***
Pseudo R20.08540.08660.08660.0871
Observations472,303472,303472,303472,303

Notes:

*p < 0.10; **p < 0.05; *** p < 0.01

Source: Table by authors

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