Table 8 Mechanism of enterprise innovation.

From: Do digitalization policies promote enterprise innovation? The logic of cost heterogeneity of enterprises

 

Con

Adm

FC

KZ

(1)

(2)

(3)

(4)

DID

0.0188**

0.00981***

−0.00437***

−0.0555***

(2.55)

(2.80)

(−3.28)

(−3.78)

Constant

−0.939***

0.122

3.340***

2.199***

(−3.56)

(0.90)

(133.23)

(7.95)

Controls

Y

Y

Y

Y

Fixed Effects

Y

Y

Y

Y

N

12,877

15,099

13,532

13,532

within R- square

0.4767

0.0043

0.7152

0.5339

  1. Note: ***, **, * denote significant at the 1%, 5%, and 10% levels, respectively, with robust t-statistics in parentheses; subsequent regression results for control variables are omitted and can be requested by contacting the authors.