| 
 | INNOV1 | CN | Size | ROA | LEV | Age | Dual | 
| INNOV1 | 1 | 
 | 
 | 
 | 
 | 
 | 
 | 
| CN | −0.016* | 1 | 
 | 
 | 
 | 
 | 
 | 
| Size | 0.672*** | −0.088*** | 1 | 
 | 
 | 
 | 
 | 
| ROA | 0.126*** | −0.028*** | 0.053*** | 1 | 
 | 
 | 
 | 
| LEV | 0.308*** | −0.098*** | 0.538*** | −0.306*** | 1 | 
 | 
 | 
| Age | 0.114*** | 0.016* | 0.200*** | −0.055*** | 0.144*** | 1 | 
 | 
| Dual | −0.052*** | 0.039*** | −0.155*** | 0.018* | −0.111*** | −0.093*** | 1 |