| 变量符号 | (1) InnovationInput | (2) InnovationOutput1 | (3) InnovationOutput2 | (4) InnovationOutput1 | (5) InnovationOutput2 |
| InnovationInput |
|
|
| 0.1019*** | 0.0877*** |
|
|
|
| (17.5545) | (19.7697) | |
| Financialization | −2.4965** | −3.2805*** | −1.0752** |
|
|
| (−2.1119) | (−5.3733) | (−2.2880) |
|
| |
| GS * Financialization | −1.3104 | 0.3225 | 4.4262* |
|
|
| (−0.1945) | (0.0927) | (1.6528) |
|
| |
| GS * InnovationInput |
|
|
| −0.0546 | −0.0332 |
|
|
|
| (−1.2071) | (−0.9608) | |
| Controls | 是 | 是 | 是 | 是 | 是 |
| Year | 是 | 是 | 是 | 是 | 是 |
| Industry | 是 | 是 | 是 | 是 | 是 |
| _cons | 10.3562*** | −4.5857*** | −7.9304*** | −5.5565*** | −8.8179*** |
| (12.5889) | (−10.7931) | (−24.2494) | (−13.1856) | (−27.3628) | |
| Adj-R2 | 0.3189 | 0.1284 | 0.4036 | 0.1589 | 0.4319 |
| N | 7710 | 7710 | 7710 | 7710 | 7710 |