|
| (1) | (2) |
| Dual Employment | Non Dual Employment | |
| Innov | Innov | |
| Degree | 19.040** | 5.987* |
|
| (2.160) | (1.833) |
| SA | −2.417 | 2.733 |
|
| (−0.582) | (0.538) |
| SA × Degree | 5.565** | 1.669* |
|
| (2.322) | (1.970) |
| Size | 4.580** | 5.422*** |
|
| (2.302) | (2.690) |
| ROA | 0.268 | −3.557 |
|
| (0.021) | (−0.459) |
| Growth | 1.357** | −0.043 |
|
| (2.376) | (−0.071) |
| Lev | 12.997** | 4.102 |
|
| (2.210) | (0.719) |
| Top1 | 0.132 | 0.066 |
|
| (1.318) | (0.810) |
| Top31 | 4.545 | 0.620 |
|
| (1.309) | (0.261) |
| o.DUAL | - | - |
| PID | −8.885 | 9.006 |
|
| (−0.857) | (1.037) |
| State |
| 0.975 |
|
|
| (0.623) |
| Constant | −95.878*** | −106.469** |
|
| (−2.745) | (−2.251) |
| IND | controlled | controlled |
| Year | controlled | controlled |
| Observations | 246 | 273 |
| Adjusted R-squared | 0.136 | 0.170 |