|
| Type | Variables | Model 1-1 (Number of patents) | Model 1-2 (Procurement performance) |
|
| Company characteristics | Growth stage (Entry-growth-maturity-decline) | X | X |
| Company age | X | X |
| Operating profit compared to sales | X | X |
| Number of regular employees | O (+) | O (+) |
| Implementation of performance compensation system (vs. Not yet implemented) | O (+) | O (+) |
| Innovative-certified companies (vs. general small and medium companies) | O (+) | O (+) |
| Number of obs = 3,300O = significant/X = insignificant(+) = positive/(−) = negative | R2 |
| 0.0131 | 0.247 |
|
| Type | Variables | Model 2-1 (Number of patents) | Model 2-2 (Procurement performance) |
|
| Company characteristics | Growth stage (Entry-growth-maturity-decline) | X | X |
| Company age | X | X |
| Operating profit compared to sales | X | X |
| Number of regular employees | O (+) | O (+) |
| Implementation of performance compensation system (vs. not yet implemented) | O (+) | O (+) |
| Innovative certified companies (vs. general small and medium companies) | O (+) | O (+) |
| Size of effectiveness of company characteristics (vs. general small and medium companies) | Operating profit compared to sales + innovative | X | X |
| Number of regular employees + Innovative | X | X |
| Implementation of performance compensation system + Innovative | X | X |
| Number of obs = 3,300O = significant/X = insignificant(+) = positive/(−) = negative | R2 |
| 0.0129 | 0.250 |
|
