Research Article

Competition Order and Innovation Behaviors of Enterprise in China

Table 4

Preliminary regression results of the models.

Variable nameProbit modelLogit modelOLS modelTobit model
M1M2M3M4M5M6M7M8

C−0.3766 (−5.31)−0.3706 (−3.34)−0.1239 (−3.46)−0.1268 (−3.54)−0.0247 (−3.08)−0.0228 (−1.85)−0.0366 (−1.57)−0.0366 (−1.60)
CO0.0008 (0.08)−0.0035 (−0.10)−0.0031 (−0.08)0.0027 (0.15)−0.0119 (−0.42)−0.0119 (−0.43)
CF0.0101 (0.51)0.0102 (0.50)−0.0089 (−1.89)−0.0089 (−1.92)
C ×CF−0.0639 (−1.04)−0.0620 (−1.01)0.0550 (0.95)0.0550 (0.97)
CO×CF−0.1097 (−2.13)−0.1109 (−1.91)20140.0287 (0.48)0.0287 (0.49)
Experience0.0159 (2.96)0.0156 (2.85)0.0050 (2.69)0.0050 (2.74)−0.0030 (−4.41)−0.0030 (−4.07)−0.0030 (−3.83)−0.0030 (−3.90)
Gender0.3420 (2.33)0.3388 (2.31)0.1102 (2.23)0.1058 (2.07)0.0129 (0.70)0.0127 (0.67)0.0098 (0.52)0.0098 (0.53)
Certification0.2385 (2.23)0.2369 (2.19)0.0777 (2.12)0.0803 (2.18)0.0268 (2.38)0.0268 (2.36)0.0237 (2.00)0.0237 (2.04)
Size0.1621 (4.98)0.1628 (5.09)0.0546 5.21)0.0542 (5.26)−0.0159 (−4.70)−0.0158 (−4.63)−0.0171 (−4.60)−0.0171 (−4.69)
Age−0.0131 (−2.18)−0.0131 (−2.18)−0.0043 (−2.14)−0.0043 (−2.16)0.0019 (2.70)0.0019 (2.79)0.0020 (2.68)0.0020 (2.73)
SOE−0.6908 (−3.07)−0.6948 (−3.09)−0.2240 (−2.96)−0.2228 (−2.76)0.0002 (0.01)0.0005 (0.02)0.0072 (0.25)0.0072 (0.26)
IndustryControlControlControlControlControlControlControlControl
RegionControlControlControlControlControlControlControlControl
Sample size1366136213491349456456452397.31

Note. (1) , , , respectively, the coefficient at the level of 1%, 5%, 10% significant. (2) The values in parentheses of model 1 to model 4 are the tested z values, and those of model 5 to model 8 are the tested t values.