Skip to main content
. 2022 Mar 30;13:850842. doi: 10.3389/fpsyg.2022.850842

Table 2.

Product innovation, closure, performance, and expectations.

(1) (2) (3) (4) (5) (6) (7) (8) (9) (10) (11) (12) (13) (14)
Close1 Close17 Close19 CFshort Sales WeeksSur NeverReco Close1 Close17 Close19 CFshort Sales WeeksSur NeverReco
Product −0.401*** −0.227*** −0.337*** −0.083*** 2.135*** 0.058*** −0.188*** −0.218*** −0.157*** −0.153 −0.071** 1.747** 0.047* −0.160*
(0.0677) (0.0360) (0.0995) (0.0314) (0.7326) (0.0198) (0.0725) (0.0741) (0.0395) (0.1060) (0.0332) (0.7501) (0.0252) (0.0873)
Medium −0.150** −0.011 −0.146* −0.076* 1.730** 0.015 0.031
(0.0592) (0.0354) (0.0866) (0.0449) (0.7024) (0.0254) (0.1030)
Large −0.286*** 0.107** −0.514*** −0.203*** 4.234*** 0.065** 0.170
(0.0839) (0.0518) (0.1602) (0.0571) (1.1366) (0.0307) (0.1250)
Training −0.141** −0.114*** −0.070 −0.029 −0.050 0.053** −0.347***
(0.0708) (0.0397) (0.0717) (0.0326) (0.6007) (0.0215) (0.1106)
Productivity −0.073*** −0.026* −0.076*** −0.105*** 2.346*** 0.051*** −0.106***
(0.0173) (0.0135) (0.0183) (0.0198) (0.3099) (0.0128) (0.0336)
Access Fin. 0.070*** 0.037*** 0.027 0.034** −0.659** −0.022** 0.120***
(0.0257) (0.0126) (0.0295) (0.0163) (0.2817) (0.0098) (0.0282)
Quality 0.081 0.082* −0.065 −0.065 2.439*** 0.005 0.003
(0.0649) (0.0457) (0.1189) (0.0431) (0.9096) (0.0233) (0.0991)
Age −0.106** −0.104*** −0.083 −0.025 1.047* 0.034* −0.017
(0.0471) (0.0296) (0.0531) (0.0268) (0.5348) (0.0195) (0.0877)
Experience 0.027 −0.023 0.101 0.007 −1.128** 0.008 0.012
(0.0489) (0.0277) (0.0756) (0.0288) (0.5607) (0.0196) (0.0845)
Website −0.224*** −0.157*** −0.110 0.005 −0.203 0.106*** −0.000
(0.0565) (0.0396) (0.0707) (0.0437) (1.0035) (0.0310) (0.0876)
Foreign 0.159* 0.159*** 0.344*** −0.035 0.539 0.056* 0.032
(0.0820) (0.0538) (0.1319) (0.0481) (0.9181) (0.0334) (0.1456)
Exporter −0.065 −0.056 −0.079 −0.048 −0.932 0.111*** −0.150
(0.0640) (0.0393) (0.1248) (0.0469) (0.9933) (0.0278) (0.1236)
Female Mang. 0.003 −0.013 0.207*** −0.025 −0.274 −0.132*** −0.016
(0.0620) (0.0373) (0.0736) (0.0379) (0.8649) (0.0276) (0.1192)
Capital City 0.077 0.039 0.185* 0.216*** −1.841 −0.016 0.227**
(0.1211) (0.0791) (0.1113) (0.0564) (1.3602) (0.0474) (0.1137)
Stringency Index 0.028*** 0.018*** 0.014** 0.002 −0.067 0.009* 0.011
(0.0046) (0.0031) (0.0067) (0.0045) (0.0481) (0.0049) (0.0113)
Industry F.E. Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes
Region F.E. Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes
_cons −0.647*** −1.662*** −1.189*** 1.209*** −32.289*** 1.846*** −2.856*** −2.081*** −2.538*** −2.143*** 2.430*** −56.343*** 0.277 −2.694**
(0.1260) (0.0619) (0.2015) (0.0734) (1.3444) (0.0407) (0.2933) (0.3178) (0.3717) (0.5072) (0.3644) (5.3833) (0.3524) (1.1675)
Observations 13,584 15,176 10,696 11,047 10,616 9,014 6,460 10,576 12,018 7,722 8,622 8,504 7,615 4,957
R2/Pseudo R2 0.0829 0.0783 0.1113 0.0999 0.2021 0.1111 0.0569 0.1012 0.0961 0.1139 0.0972 0.2045 0.1289 0.0904
***

Significant at 1%;

**

significant at 5%;

*

significant at 10%.

Clustered standard errors in parentheses, errors are clustered at the regions level.