Table 6.
Relationship between product and process innovation in service industries.
| Variables | Model 1 |
Model 2 |
Model 3 |
|---|---|---|---|
| DV: Radical Product Innovation | DV: Incremental Product Innovation | DV: Process Innovation | |
| Radical Product Innovation | . | 0.753 | |
| (.) | (0.721) | ||
| Incremental Product Innovation | . | 2.263*** | |
| (.) | (0.608) | ||
| Process Innovation | 0.702 | 2.296*** | . |
| (0.712) | (0.612) | (.) | |
| Firm Size | −0.031 | 0.231 | −0.197 |
| (0.267) | (0.299) | (0.420) | |
| Observations | 2496 | 2496 | 2496 |
| Number of Firms | 416 | 416 | 416 |
Standard errors in parentheses.
***p < 0.01, **p < 0.05, *p < 0.1.