System deployment

Model 1-1

Model 1-2

Net sales

0.000

0.000

(0.000)

(0.000)

R&D expenses

0.000

0.000

(0.000)

(0.000)

Listed dummy

−0.169**

−0.062

(0.069)

(0.056)

Manufacturing industry dummy

−0.257***

−0.219***

(0.081)

(0.065)

Number of patents held

0.018

0.003

(0.036)

(0.029)

Person in charge dummy

0.461***

0.121**

(0.066)

(0.057)

Presence of data acquisition project

0.679***

0.404***

(0.094)

(0.078)

Strategy 1: Actively promote analytics

0.149***

(0.048)

Strategy 2: Coordinated analytics throughout the company

0.124*

(0.059)

Strategy 3: Analytics in cooperation with external organizations

0.251***

(0.033)

Observations

487

Adjusted R2

0.209

0.232

*p < 0.1, **p < 0.05, ***p < 0.01

Values in parentheses: SE

Created by author

Acquisition of skills and knowledge

Model 1-3

Model 1-4

Net sales

0.000

0.000

(0.000)

(0.000)

R&D expenses

0.000

0.000

(0.000)

(0.000)

Listed dummy

−0.311***

−0.201**

(0.080)

(0.069)

Manufacturing industry dummy

−0.218**

−0.189**

(0.093)

(0.081)

Number of patents held

0.081**

0.064*

(0.041)

(0.036)

Person in charge dummy

0.586***

0.253***

(0.075)

(0.070)

Presence of data acquisition project

0.710***

0.441***

(0.108)

(0.096)

Strategy 1: Actively promote analytics

0.232***

(0.060)

Strategy 2: Coordinated analytics throughout the company

0.063

(0.061)

Strategy 3: Analytics in cooperation with external organizations

0.214***

(0.041)

Observations

487

Adjusted R2

0.201

0.221

*p < 0.1, **p < 0.05, ***p < 0.01

Values in parentheses: SE

Created by author