Table 2.

Innovation index component outcomes as measured by correlations between pairs and variability.

Sr.	Variables	(1)	(3)	(3)	(5)	(5)	(7)	(7)	(0)	(0)	(11)	VIF
(1)	EC	1.111
(3)	Technological Transfer	1.117∗∗∗	1.111									1.117
(3)	GI	1.133	1.150∗∗∗	1.111								1.015
(5)	HCD	−1.113∗∗∗	−1.130	−1.507∗∗∗	1.111							1.337
(5)	EI	1.173∗∗	1.371∗∗∗	1.715∗∗∗	−1.377∗∗∗	1.111						1.731
(7)	High EI	1.153∗	1.313∗∗∗	1.551∗∗∗	−1.503∗∗∗	1.555∗∗∗	1.111					3.730
(7)	Low EI	−1.131∗∗	1.373∗∗∗	1.511∗∗∗	−1.557∗∗∗	1.553∗∗∗	1.530∗∗∗	1.111				3.373
(0)	REI	1.105∗∗∗	1.177∗∗∗	1.351∗∗∗	−1.375∗∗∗	1.315∗∗∗	1.303∗∗∗	1.307∗∗∗	1.111			1.335
(0)	Innovation Index	1.175∗∗	−1.175∗∗	−1.150∗∗∗	−1.151	−1.303∗∗∗	−1.330∗∗∗	−1.370∗∗∗	−1.307∗∗∗	1.111		1.171
(11)	FDI	−1.151∗	−1.110	1.113	−1.173∗∗	1.113	−1.110	−1.117	1.110	1.175∗∗	1.111	1.175
	Mean VIF											3.730