Table 8.

Correlation matrix on the variable level—entrepreneurial networks and geographical proximity

Variables		1	2	3	4	5	6	7	8	9	10	11	12	13	14	15	16	17	18	19	20
1	Accountants
2	Banking institutions	0.266**
3	Chamber of commerce	0.159*	0.143*
4	Consultants	0.100	0.300**	0.203**
5	Lawyers	0.115	0.202**	0.164*	0.195**
6	Regional business partner	0.103	0.193**	0.054	0.227**	0.288**
7	Patent advisers	0.024	0.136**	0.047	0.199**	0.364**	0.464**
8	Venture capital firms	− 0.029	0.113	0.007	0.130*	0.300**	0.233**	0.326**
9	Incubator network	0.054	0.047	0.103	0.199**	0.261**	0.429**	0.373**	0.264**
10	Proximity to university	0.119	0.126	− 0.016	0.153*	0.259**	0.370**	0.317**	0.197**	0.318**
11	Proximity to customers	0.107	0.096	− 0.027	0.080	− 0.030	− 0.096	− 0.185**	− 0.069	− 0.111	0.016
12	Proximity to competitors in the same field	0.092	0.081	0.071	0.260**	0.078	− 0.042	− 0.097	− 0.030	0.038	0.075	0.338**
13	Local/regional advantages	0.122	0.291**	0.019	0.150*	0.119	0.138*	− 0.077	−0.031	0.123	0.203**	0.230**	0.262**
14	Attractive/expansive industrial area	0.040	0.041	0.053	0.136*	0.127*	− 0.032	0.033	0.009	0.094	0.155*	0.445**	0.317**	0.330**
15	Proximity to large, well-known firms	0.142*	0.098	0.032	0.150*	0.066	− 0.057	0.077	0.033	− 0.053	− 0.026	0.489**	0.363**	0.242**	0.521**
16	Proximity to similar firms	0.161	0.013	.024	0.214**	0.037	− 0.047	− 0.115	− 0.035	0.076	0.099	0.385**	0.625**	0.249**	0.372**	0.445**
17	Product or service	0.086	− 0.003	0.005	− 0.065	− 0.103	− 0.359**	− 0.338**	− 0.272**	− 0.104	− 0.253**	0.144*	0.056	− 0.079	− 0.004	0.048	0.094
18	Product/service differentiation	0.043	0.028	0.062	0.012	0.171**	0.209**	0.196**	0.215**	0.189**	0.196**	− 0.102	− 0.120	− 0.050	− 0.075	− 0.123	− 0.156*	− 0.331**
19	Pricing	0.005	0.027	0.005	0.044	0.087	− 0.025	0.047	− 0.035	0.083	− 0.037	0.005	0.087	− 0.012	− 0.029	0.128	0.024	0.073	− 0.066
20	Product/service quality	0.029	− 0.001	− 0.002	0.082	0.065	− 0.066	− 0.015	0.000	− 0.078	− 0.036	0.010	0.052	− 0.001	0.031	0.113	0.099	− 0.039	0.102	0.363**
21	Growth 2014–2016	− 0.079	0.007	0.049	0.098	0.121	0.179**	0.1030	0.083	0.181**	0.153*	− 0.026	0.004	0.099	0.155*	0.039	0.004	− 0.186**	0.030	− 0.070	0.005

*p < 0.05, **p < 0.01, ***p < 0.005