| Variable | Abbreviation | Unit | Calculation method |
explained variable | enterprise innovation performance | P | PCS | the number of patent applications |
Y | ten thousand yuan | New product sales revenue | ||
explanatory variable | enterprise private R & D expenditure | ERD | \ | |
government public R & D subsidies | GRD | \ | ||
control variable | financial institution loans | FL | \ | |
overseas funds | OF | \ | ||
the input of the enterprise R & D personnel | L | person | R & D personnel equivalent to full-time equivalent |