Table 4.

Synergistic effects among innovations in manufacturing industries.

Variables	Model 4	Model 5	Model 6	Model 7	Model 8
DV: Firm financial performance
Radical Product Innovation	1.949**	2.282***	1.891**	2.604***	2.326***
	(0.290)	(0.643)	(0.796)	(0.590)	(0.760)
Incremental Product Innovation	1.625***	2.150***	2.072***	2.171***	1.853***
	(0.536)	(0.472)	(0.591)	(0.430)	(0.450)
Process Innovation	1.514**	1.140***	1.349**	1.856***	1.942***
	(0.633)	(0.440)	(0.640)	(0.656)	(0.659)
Organizational Innovation	4.927***			5.642***	5.332***
	(0.399)			(0.451)	(0.459)
Marketing Innovation	1.732***	1.644***	1.803*		1.044*
	(0.525)	(0.601)	(0.853)		(0.573)
Radical Product Innovation * Marketing Innovation		2.291**	2.380**		1.558**
		(1.160)	(1.160)		(0.878)
Incremental Product Innovation * Marketing Innovation			2.435**		1.895**
			(1.085)		(0.739)
Process Innovation * Organizational Innovation				2.579***	2.809***
				(0.893)	(0.910)
Firm Size	−0.615	−0.455	−0.595	−0.174	−0.118
	(0.556)	(0.553)	(0.555)	(0.527)	(0.527)
Observations	1560	1560	1560	1560	1560
Number of Firms	312	312	312	312	312

Standard errors in parentheses.

***p < 0.01, **p < 0.05, *p < 0.1.