| Variable | Obs | Mean | SD | Min | Median | Max |
| Dependent Variables | ||||||
| Invention Patent | 4706 | 9.294 | 17.571 | 0.000 | 1.000 | 110.000 |
| Inven + Utility | 4706 | 18.894 | 37.592 | 0.000 | 2.000 | 232.000 |
| R&D_Raw | 4706 | 197.761 | 693.111 | 0.000 | 28.678 | 12963.200 |
| Innovation Efficiency | 4706 | 0.050 | 0.102 | 0.000 | 0.000 | 0.705 |
| Independent Variable | ||||||
| Score | 4706 | 7.476 | 5.745 | 0.000 | 6.977 | 27.132 |
| Firm Characteristics | ||||||
| Firm Size | 4706 | 9.041 | 1.287 | 5.107 | 8.984 | 14.254 |
| Firm Age | 4706 | 2.855 | 0.300 | 1.099 | 2.890 | 3.638 |
| Leverage | 4706 | 0.483 | 0.192 | 0.019 | 0.494 | 1.037 |
| ROA | 4706 | 0.058 | 0.062 | −0.725 | 0.046 | 0.517 |
| Book to Market Ratio | 4706 | 1.110 | 1.124 | 0.000 | 0.732 | 10.034 |
| SOE | 4706 | 0.063 | 0.149 | 0.000 | 0.000 | 0.728 |