Table 9.
Impact of digital inclusive finance, financial mismatching on micro and small business technology innovation.
Variable | LnInnovation (Model 1) | LnInnovation (Model 2) |
---|---|---|
LnIndex | 0.352** (2.758) | |
LnFM | −0.307*** (−2.712) | −0.264*** (−2.920) |
LnInventory | 0.049** (2.434) | 0.012*** (2.870) |
LnEducation | 0.006** (1.624) | −0.033 (−0.340) |
LnProfit | 0.065** (3.700) | 0.011*** (3.950) |
LnAge | 0.014** (2.280) | −0.287*** (−4.670) |
LnSize | −0.020* (−1.830) | 0.172*** (2.850) |
LnTobin's Q | 0.142*** (4.480) | 0.241** (2.080) |
LnManagement | 0.082** (3.420) | 0.196*** (3.110) |
_cons | −5.450*** (−3.320) | −4.757** (−2.800) |
R2 | 0.771 | 0.831 |
Two conclusions can be drawn by analyzing the regression results in Table 9.