New product

Coefficient

Odds Ratio

dy/dx

Exporter

−0.003***

1.000***

−0.001***

(0.001)

(0.001)

(0.000)

Email

0.348***

1.416***

0.085***

(0.041)

(0.058)

(0.010)

Website

0.697***

2.009***

0.170***

(0.045)

(0.090)

(0.011)

ISO

0.507***

1.660***

0.124***

(0.050)

(0.082)

(0.012)

Top Manager female

−0.069

0.933

−0.017

(0.052)

(0.048)

(0.013)

Top Manager exp.

−0.012***

0.988***

−0.003***

(0.002)

(0.002)

(0.000)

Ln (Firm Age)

0.317***

1.373***

0.077***

(0.034)

(0.046)

(0.008)

Private domestic Own.

0.000

1.000

0.000

(0.001)

(0.001)

(0.000)

Internal funds

−0.002***

0.998***

−0.001***

(0.001)

(0.001)

(0.000)

Borrowed from bank

0.001

1.001

0.000

(0.001)

(0.001)

(0.000)

Borrowed Non-B

−0.005***

0.994***

−0.001***

(0.002)

(0.002)

(0.000)

Credit Purchases

0.004***

1.004***

0.001***

(0.001)

(0.001)

(0.000)

Firm size

0.018

1.018

0.004

(0.029)

(0.029)

(0.007)

Obstacle to Finance

0.010

1.010

0.002

(0.013)

(0.013)

(0.003)

MMs11

0.191***

1.210***

0.046***

(0.048)

(0.059)

(0.012)

Foreign ownership

0.001

0.001

0.000

(0.001)

(0.001)

(0.000)

Government

−0.008***

0.992***

−0.002***

(0.002)

(0.002)

(0.001)

Firm Location

0.003***

1.002***

0.001***

(0.000)

(0.000)

(0.000)