Table A1

Matrix of correlations

Variables(1)(2)(3)(4)(5)(6)(7)(8)(9)(10)(11)(12)(13)(14)
(1) In-house R&D1.000             
(2) External R&D0.5831.000            
(3) New-to-market0.4500.4271.000           
(4) New-to-firm0.3180.2190.3231.000          
(5) Process innovation0.5530.3530.4950.3121.000         
(6) Exploratory linkages0.4190.4330.4490.3590.4851.000        
(7) Exploitative linkages0.2310.3210.1670.1250.2790.2741.000       
(8) Exploratory linkages squared0.2860.3240.3790.3050.3430.9510.2351.000      
(9) Exploitative linkages squared0.2390.3370.1780.1530.2920.2910.9640.2511.000     
(10) Employment (log)0.1170.0970.1450.0410.1490.069-0.0180.0640.0311.000    
(11) Firm age (log)-0.031-0.069-0.029-0.013-0.087-0.070-0.181-0.029-0.1240.5571.000   
(12) % University education0.1220.021-0.0540.0650.0410.0800.0810.0970.081-0.223-0.2651.000  
(13) Multi plant0.2020.1910.2470.0820.1190.2280.0820.1800.1030.1990.062-0.0081.000 
(14) Received subsidy0.3220.3240.1550.0830.2620.2590.2850.1850.256-0.065-0.1790.0990.0781.000

Source(s): Authors’ own work

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