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. 2022 Dec 25:1–27. Online ahead of print. doi: 10.1007/s10961-022-09988-0

Table 5.

Correlation matrix

Mean Std 1 2 3 4 5 6
1. Geographical proximity 12.23 45.39
2. Professional network 8.56 3.84 0.035
3. Product or service 4.01 1.30 0.066 − 0.362**
4. Product/service differentiation 3.00 1.25 − 0.148** 0.298** –0.331**
5. Pricing 2.81 0.91 0.047 0.028 0.073 − 0.66
6. Product/service quality 3.91 0.80 − 0.071 − 0.043 0.039 0.102 0.363**
7. Growth 2014–2016 3.41 15.32 0.068 0.216** − 0.186** 0.030 − 0.070 0.005

*p < 0.05, **p < 0.01, ***p < 0.005.