变量符号

(1)

InnovationInput

(2)

InnovationOutput1

(3)

InnovationOutput2

(4)

InnovationOutput1

(5)

InnovationOutput2

InnovationInput

0.1014***

0.0874***

(17.5126)

(19.7529)

Financialization

−2.4914**

−3.2817***

−1.0925**

(−2.1083)

(−5.3770)

(−2.3251)

Controls

Year

Industry

_cons

10.3571***

−4.5859***

−7.9333***

−5.5503***

−8.8142***

(12.5910)

(−10.7945)

(−24.2562)

(−13.1715)

(−27.3533)

Adj-R2

0.3190

0.1286

0.4035

0.1589

0.4319

N

7710

7710

7710

7710

7710