Innovation and internationalization
Table 4.16: Outcomes regression model 2
Model innovation 2
Dependent: ‘FDI’
Variable
Description
coeff.
std.err.
Innovative SMEs Product innovation
Has the firm introduced any new products/services?
0.549
0.435
Process innovation
Has the firm introduced any improvements in its internal processes?
0.147
0.579
0.823**
0.411
-0.002
0.008
0.004
0.008
-0.011
0.009
0.009**
0.005
Trade and Transport
0.597
1.102
Financial and Business Services
0.763
1.101
Manufactering and Construction
0.539
1.101
Network
Has the firm had any cooperation with other firms?
Education employees % of the employees is low educated? % of the employees is highly educated? Firm age
How old is the company?
Firm size
How many employees does the company have?
Sector
Number of observations
316
Cox & Snell R Square 0.065 Nagelkerke R Square
0.088
LR statistic (x², 10df.) 18.044 Note: *, **, and *** represent significance levels of 0.10, 0.05, and 0.01, respectively.
Chapter 4
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