Table 3 Baseline regression results.

From: Defining organized R&D: collective action for mission-oriented innovation

Variables

PAPER-ols

PAPER-step

STA-ols

STA-step

PATENT-ols

PATENT-step

EB

0.343***

0.342***

0.011***

0.011***

2.702***

2.698***

 

(0.012)

(0.011)

(0.0003)

(0.0003)

(0.058)

(0.057)

PB

0.191***

0.191***

−0.001***

−0.001***

0.097***

0.010***

 

(0.006)

(0.006)

(0.0002)

(0.0002)

(0.032)

(0.032)

SO

11.560***

11.388***

0.068*

0.059

43.404***

42.570***

 

(1.737)

(1.729)

(0.041)

(0.040)

(8.678)

(8.468)

FF

4.287*

3.814*

−0.055

 

−5.167

 
 

(2.507)

(2.308)

(0.059)

 

(12.527)

 

ST

−12.908***

−13.389***

−0.265***

−0.284***

−49.802***

−51.904***

 

(2.549)

(2.488)

(0.060)

(0.057)

(12.739)

(12.037)

HE

−2.342

 

0.316***

0.298***

20.801*

19.767*

 

(2.349)

 

(0.055)

(0.052)

(11.740)

(10.972)

AF

−8.024***

−7.480***

−0.144***

−0.144***

−34.560***

−32.563***

 

(1.536)

(1.486)

(0.036)

(0.036)

(7.676)

(7.458)

AI

8.672***

9.238***

0.142***

0.142***

30.655***

30.591***

 

(1.845)

(1.803)

(0.043)

(0.043)

(9.218)

(9.216)

AM

2.279

 

−0.169***

−0.174***

−83.276***

−83.321***

 

(1.909)

 

(0.045)

(0.045)

(9.539)

(9.451)

LS

−12.751***

−12.960***

−0.229***

−0.228***

25.564***

24.393***

 

(1.772)

(1.756)

(0.042)

(0.042)

(8.854)

(8.783)

DY

−9.149***

−9.065***

−0.206***

−0.205***

−21.155***

−20.686***

 

(1.515)

(1.513)

(0.036)

(0.036)

(7.568)

(7.555)

BP

−9.329***

−8.919***

−0.068*

−0.072**

19.924***

21.782***

 

(1.529)

(1.469)

(0.036)

(0.036)

(7.643)

(7.322)

TR

2.262

 

0.071*

0.073*

9.243

 
 

(1.730)

 

(0.041)

(0.041)

(8.644)

 

ET

19.257***

19.978***

0.459***

0.460***

38.760***

41.911***

 

(2.396)

(2.320)

(0.056)

(0.056)

(11.973)

(11.626)

TC

−5.147**

−5.234**

−0.112**

−0.109**

−28.565***

−27.731***

 

(2.154)

(2.123)

(0.051)

(0.051)

(10.762)

(10.719)

TS

12.487***

13.253***

0.258***

0.258***

76.068***

76.978***

 

(2.157)

(2.106)

(0.051)

(0.051)

(10.777)

(10.747)

Constant

146.912***

148.040***

2.388***

2.369***

298.681***

299.514***

 

(8.418)

(8.394)

(0.198)

(0.197)

(42.066)

(41.774)

Observations

3807

3807

3807

3807

3807

3807

R2

0.550

0.549

0.380

0.380

0.532

0.532

Adjusted R2

0.548

0.548

0.377

0.377

0.530

0.530

F Statistic

289.450*** (df = 16; 3790)

355.866*** (df = 13; 3793)

145.045*** (df = 16; 3790)

154.661*** (df = 15; 3791)

269.533*** (df = 16; 3790)

307.992*** (df = 14; 3792)

  1. *p < 0.1; **p < 0.05; ***p < 0.01.
Back to article page