(1)

(2)

(3)

(4)

InInvia

lnPatent

InInvia

lnPatent

DT

0.1615***

0.1650***

(6.7912)

(7.5141)

DT2

0.0037***

0.0047***

(4.9033)

(7.0447)

_cons

−7.1128***

−6.0359***

−7.2523***

−15.3923***

(−8.9978)

(−4.9430)

(−9.1483)

(−16.2643)

Controls

Yes

Yes

Yes

Yes

Year

Yes

Yes

Yes

Yes

Industry

Yes

Yes

Yes

Yes

N

6272

6272

6174

6174

r2_a

0.1742

0.2688

0.1714

0.3783

F

60.1189

41.9361

47.5933

52.3542