Variable

Obs

Mean

Std. Dev.

Min

Max

New product

20,580

0.492

0.5

0

1

New technology

20,580

0.392

0.488

0

1

Index

20,580

1.932

0.75

1

3

Exporter

20,529

6.993

20.259

0

100

Email

20,580

0.61

0.488

0

1

Website

20,580

0.386

0.487

0

1

ISO

20,580

0.196

0.397

0

1

Top Manager F.

20,580

0.114

0.318

0

1

Top Manager E.

20,554

16.288

11.012

0

72

Firm Age

20,576

21.745

14.324

1

172

Internal funds

20,555

75.983

32.081

0

100

B. from Banks

16,093

9.355

20.921

0

100

B. from N.Banks

20,555

2.826

11.051

0

100

Trade Credit

20,555

9.567

19.355

0

100

Firm Size

20,580

2.419

0.726

1

3

Obstacle to Fund

20,555

2.902

1.336

1

5

MMs11

20,580

0.888

0.315

0

1

%Private/domes.

20,580

81.307

35.623

0

100

%Foreign owned

20,579

12.579

30.003

0

100

%Government

20,579

1.608

8.736

0

100