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