Table 2

Correlations and descriptive statistics (N = 139)

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1. Firm age (log)1             
2. Firm size (log)0.311            
3. B2B0.05−0.081           
4. B2C−0.09−0.09−0.671          
5. Public0.190.50−0.06−0.061         
6. Environmental dynamism−0.070.13−0.100.04−0.081        
7. Competitive intensity0.060.100.00−0.05−0.100.291       
8. TMT size (log)0.110.51−0.07−0.110.290.110.041      
9. TMT heterogeneity0.120.19−0.10−0.01−0.060.040.050.361     
10. Dedicated MPTMT0.040.18−0.230.220.140.020.110.110.031    
11. Joint marketing and sales MPTMT0.09−0.010.23−0.17−0.10−0.13−0.01−0.040.02−0.371   
12. Joint marketing and other operations MPTMT−0.12−0.190.03−0.13−0.140.08−0.11−0.01−0.08−0.37−0.301  
13. Cross-functional integration−0.050.19−0.160.100.000.11−0.070.240.340.030.200.101 
14. New product performance−0.06−0.030.00−0.05−0.170.200.140.230.22−0.130.010.130.301
Mean1.592.530.470.330.304.225.400.965.090.310.230.234.905.06
Standard deviation0.310.890.500.470.461.141.050.431.120.460.420.421.211.02

Note(s): Correlations of |0.17| or above are significant at p ≤ 0.05

Source(s): Authors' own creation

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