Variables | definition | Sample number | Mean value | Standard deviation | Minimum | Maximum |
LNY | Regional innovation output: denoted with invention patent granted | 310 | 6.74 | 1.65 | 1.39 | 10.05 |
LNFIR | Financial intermediary development level: denoted with financial organization loans and deposits balance/GDP | 310 | 0.90 | 0.30 | 0.25 | 1.99 |
LNSTK | Credit market development level: denoted with gross value of stock market price/GDP | 310 | −1.31 | 0.90 | −3.19 | 3.03 |
LNRDE | Research and development capital input: denoted with capital stock calculated with perpetual inventory method | 310 | 14.33 | 1.65 | 9.42 | 17.35 |
LNRDP | Research and development personnel input: denoted with Research and development personnel equivalent | 310 | 10.41 | 1.34 | 6.05 | 13.11 |
LNFDI | FDI: denoted with actual FDI amount | 310 | 13.69 | 1.79 | 8.26 | 16.57 |