Table A1.

Descriptive statistics.

Variable	Obs.	Mean	Std. Dev.	Min	Max
Overall response time	136	73.074	18.816	19	97
Local response time	136	38.971	16.869	1	90
Start-up	136	0.169	0.376	0	1
University	136	0.118	0.323	0	1
Marketing innovation	136	0.169	0.376	0	1
Product innovation	136	0.728	0.447	0	1
Technology innovation	136	0.103	0.305	0	1
Region: Asia	136	0.169	0.376	0	1
Region: Europe	136	0.287	0.454	0	1
Region: North America	136	0.544	0.500	0	1