. 2022 Mar 30;13:850842. doi: 10.3389/fpsyg.2022.850842

Table 3.

Process 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
Process	−0.343^***	−0.179^***	−0.204^**	−0.138^***	2.880^***	0.068^**	−0.345^***	−0.175^**	−0.130^**	−0.083	−0.086^**	1.915^**	0.031	−0.397^***
Process	(0.0808)	(0.0478)	(0.0944)	(0.0378)	(0.9010)	(0.0265)	(0.1028)	(0.0800)	(0.0514)	(0.1075)	(0.0413)	(0.7644)	(0.0283)	(0.1363)
Medium								−0.151^***	−0.014	−0.147^*	−0.077^*	1.758^**	0.014	0.042
Medium								(0.0583)	(0.0357)	(0.0865)	(0.0447)	(0.7000)	(0.0252)	(0.1029)
Large								−0.280^***	0.105^**	−0.512^***	−0.206^***	4.226^***	0.065^**	0.173
Large								(0.0837)	(0.0523)	(0.1590)	(0.0572)	(1.1363)	(0.0308)	(0.1248)
Training								−0.144^**	−0.111^***	−0.074	−0.027	−0.082	0.056^**	−0.321^***
Training								(0.0693)	(0.0390)	(0.0735)	(0.0319)	(0.5678)	(0.0216)	(0.1090)
Productivity								−0.074^***	−0.026^*	−0.076^***	−0.104^***	2.332^***	0.051^***	−0.109^***
Productivity								(0.0171)	(0.0135)	(0.0180)	(0.0197)	(0.3123)	(0.0129)	(0.0340)
Access Fin.								0.069^***	0.037^***	0.026	0.033^**	−0.645^**	−0.022^**	0.118^***
Access Fin.								(0.0255)	(0.0128)	(0.0292)	(0.0161)	(0.2823)	(0.0099)	(0.0285)
Quality								0.088	0.082^*	−0.065	−0.060	2.332^**	0.006	0.025
Quality								(0.0640)	(0.0461)	(0.1182)	(0.0430)	(0.9187)	(0.0227)	(0.1001)
Age								−0.108^**	−0.105^***	−0.079	−0.028	1.086^**	0.033^*	−0.016
Age								(0.0474)	(0.0297)	(0.0539)	(0.0269)	(0.5350)	(0.0193)	(0.0877)
Experience								0.025	−0.023	0.099	0.010	−1.233^**	0.007	0.016
Experience								(0.0488)	(0.0279)	(0.0761)	(0.0284)	(0.5522)	(0.0197)	(0.0857)
Website								−0.242^***	−0.165^***	−0.120^*	0.002	−0.095	0.110^***	−0.005
Website								(0.0568)	(0.0390)	(0.0711)	(0.0435)	(0.9919)	(0.0301)	(0.0855)
Foreign								0.155^*	0.157^***	0.344^***	−0.031	0.472	0.058^*	0.052
Foreign								(0.0813)	(0.0543)	(0.1295)	(0.0470)	(0.9230)	(0.0336)	(0.1467)
Exporter								−0.076	−0.053	−0.085	−0.047	−0.820	0.114^***	−0.155
Exporter								(0.0668)	(0.0395)	(0.1235)	(0.0463)	(0.9925)	(0.0281)	(0.1230)
Female Mang.								0.001	−0.018	0.203^***	−0.026	−0.252	−0.129^***	−0.020
Female Mang.								(0.0614)	(0.0373)	(0.0729)	(0.0380)	(0.8637)	(0.0278)	(0.1207)
Capital City								0.075	0.037	0.186^*	0.222^***	−1.868	−0.014	0.236^**
Capital City								(0.1225)	(0.0787)	(0.1110)	(0.0559)	(1.3586)	(0.0472)	(0.1201)
Stringency Index								0.028^***	0.018^***	0.015^**	0.002	−0.062	0.009^*	0.011
Stringency Index								(0.0053)	(0.0034)	(0.0069)	(0.0045)	(0.0511)	(0.0049)	(0.0115)
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	−0.626^***	−1.700^***	−1.179^***	1.204^***	−32.005^***	1.856^***	−2.857^***	−2.044^***	−2.540^***	−2.187^***	2.401^***	−56.197^***	0.295	−2.714^**
_cons	(0.1242)	(0.0630)	(0.1960)	(0.0728)	(1.3816)	(0.0404)	(0.2934)	(0.3458)	(0.3908)	(0.5034)	(0.3677)	(5.5522)	(0.3463)	(1.1785)
Observations	13,567	15,155	10,685	10,999	10,608	9,011	6,542	10,567	12,006	7,716	8,613	8,496	7,607	4,950
R²/Pseudo R²	0.0784	0.0772	0.1055	0.0996	0.2037	0.1104	0.0614	0.1005	0.0954	0.1123	0.0978	0.2043	0.1285	0.0949

^***

Significant at 1%;

^**

significant at 5%;

significant at 10%.

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