Influence Mechanism of Marketization Process and Financial Technology Development on Enterprise Investment Preference Based on Threshold Model

Table 3

Correlation analysis of corporate R&D innovation investment.

Variable	RD	Market	Fintech	Sub	Size	Lev	Loan	Growth	Quick	Adm	Lart	Top5
RD	1
Market	0.130	1
Fintech	0.127	0.567	1
Sub	−0.045	0.024	0.185	1
Size	−0.261	0.0120	0.194	0.678	1
Lev	−0.323	−0.104	0.025	0.351	0.533	1
Loan	−0.265	−0.143	−0.049	0.223	0.326	0.704	1
Growth	−0.311	0.022	−0.025	0.130	0.091	0.181	0.050	1
Quick	0.311	0.048	−0.060	−0.276	−0.365	−0.664	−0.486	−0.188	1
Adm	0.723	0.072	0.088	−0.167	−0.335	−0.315	−0.258	−0.468	0.292	1
Lart	−0.361	−0.064	−0.056	0.196	0.245	0.225	0.222	0.765	−0.314	−0.454	1
Top5	−0.118	0.022	−0.076	0.114	0.222	0.00500	−0.042	0.066	0.044	−0.133	0.106	1