Matrix of correlations
| Variables | (1) | (2) | (3) | (4) | (5) | (6) | (7) | (8) | (9) | (10) | (11) | (12) | (13) | (14) |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| (1) In-house R&D | 1.000 | |||||||||||||
| (2) External R&D | 0.583 | 1.000 | ||||||||||||
| (3) New-to-market | 0.450 | 0.427 | 1.000 | |||||||||||
| (4) New-to-firm | 0.318 | 0.219 | 0.323 | 1.000 | ||||||||||
| (5) Process innovation | 0.553 | 0.353 | 0.495 | 0.312 | 1.000 | |||||||||
| (6) Exploratory linkages | 0.419 | 0.433 | 0.449 | 0.359 | 0.485 | 1.000 | ||||||||
| (7) Exploitative linkages | 0.231 | 0.321 | 0.167 | 0.125 | 0.279 | 0.274 | 1.000 | |||||||
| (8) Exploratory linkages squared | 0.286 | 0.324 | 0.379 | 0.305 | 0.343 | 0.951 | 0.235 | 1.000 | ||||||
| (9) Exploitative linkages squared | 0.239 | 0.337 | 0.178 | 0.153 | 0.292 | 0.291 | 0.964 | 0.251 | 1.000 | |||||
| (10) Employment (log) | 0.117 | 0.097 | 0.145 | 0.041 | 0.149 | 0.069 | -0.018 | 0.064 | 0.031 | 1.000 | ||||
| (11) Firm age (log) | -0.031 | -0.069 | -0.029 | -0.013 | -0.087 | -0.070 | -0.181 | -0.029 | -0.124 | 0.557 | 1.000 | |||
| (12) % University education | 0.122 | 0.021 | -0.054 | 0.065 | 0.041 | 0.080 | 0.081 | 0.097 | 0.081 | -0.223 | -0.265 | 1.000 | ||
| (13) Multi plant | 0.202 | 0.191 | 0.247 | 0.082 | 0.119 | 0.228 | 0.082 | 0.180 | 0.103 | 0.199 | 0.062 | -0.008 | 1.000 | |
| (14) Received subsidy | 0.322 | 0.324 | 0.155 | 0.083 | 0.262 | 0.259 | 0.285 | 0.185 | 0.256 | -0.065 | -0.179 | 0.099 | 0.078 | 1.000 |
| Variables | (1) | (2) | (3) | (4) | (5) | (6) | (7) | (8) | (9) | (10) | (11) | (12) | (13) | (14) |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| (1) In-house R&D | 1.000 | |||||||||||||
| (2) External R&D | 0.583 | 1.000 | ||||||||||||
| (3) New-to-market | 0.450 | 0.427 | 1.000 | |||||||||||
| (4) New-to-firm | 0.318 | 0.219 | 0.323 | 1.000 | ||||||||||
| (5) Process innovation | 0.553 | 0.353 | 0.495 | 0.312 | 1.000 | |||||||||
| (6) Exploratory linkages | 0.419 | 0.433 | 0.449 | 0.359 | 0.485 | 1.000 | ||||||||
| (7) Exploitative linkages | 0.231 | 0.321 | 0.167 | 0.125 | 0.279 | 0.274 | 1.000 | |||||||
| (8) Exploratory linkages squared | 0.286 | 0.324 | 0.379 | 0.305 | 0.343 | 0.951 | 0.235 | 1.000 | ||||||
| (9) Exploitative linkages squared | 0.239 | 0.337 | 0.178 | 0.153 | 0.292 | 0.291 | 0.964 | 0.251 | 1.000 | |||||
| (10) Employment (log) | 0.117 | 0.097 | 0.145 | 0.041 | 0.149 | 0.069 | -0.018 | 0.064 | 0.031 | 1.000 | ||||
| (11) Firm age (log) | -0.031 | -0.069 | -0.029 | -0.013 | -0.087 | -0.070 | -0.181 | -0.029 | -0.124 | 0.557 | 1.000 | |||
| (12) % University education | 0.122 | 0.021 | -0.054 | 0.065 | 0.041 | 0.080 | 0.081 | 0.097 | 0.081 | -0.223 | -0.265 | 1.000 | ||
| (13) Multi plant | 0.202 | 0.191 | 0.247 | 0.082 | 0.119 | 0.228 | 0.082 | 0.180 | 0.103 | 0.199 | 0.062 | -0.008 | 1.000 | |
| (14) Received subsidy | 0.322 | 0.324 | 0.155 | 0.083 | 0.262 | 0.259 | 0.285 | 0.185 | 0.256 | -0.065 | -0.179 | 0.099 | 0.078 | 1.000 |
Source(s): Authors’ own work