Table 9.
Regression analysis of institutional pressures on servitization strategy of manufacturers.
| Servitization strategy | ||
|---|---|---|
| Constant | – | 1.676*** (6.644) |
| Independent variables | Normative pressure | 0.126** (2.819) |
| Mimetic pressure | 0.212*** (5.179) | |
| Coercive pressure | 0.155*** (3.683) | |
| Control variables | Firm age | 0.254** (2.646) |
| Firm size | −0.188* (−2.393) | |
| R 2 | 0.191 | |
| Adjusted R2 | 0.177 | |
| R2 change | – | |
| F-statistic | 14.42 | |
*** means p < 0.001, ** means p < 0.01, * means p < 0.05. The variables are displayed as coefficient (T value).