Table 3.
Relationship between product and process innovation in manufacturing industries.
| Variables | Model 1 |
Model 2 |
Model 3 |
|---|---|---|---|
| DV: Radical Product Innovation | DV: Incremental Product Innovation | DV: Process Innovation | |
| Radical Product Innovation | . | 2.792*** | |
| (.) | (0.393) | ||
| Incremental Product Innovation | . | 3.182*** | |
| (.) | (0.309) | ||
| Process Innovation | 2.800*** | 3.215*** | . |
| (0.396) | (0.310) | (.) | |
| Firm Size | 0.743 | 0.090 | 0.4812 |
| (0.433) | (0.491) | (0.665) | |
| Observations | 1872 | 1872 | 1872 |
| Number of Firms | 312 | 312 | 312 |
Standard errors in parentheses.
***p < 0.01, **p < 0.05, *p < 0.1.