New technology

Coefficients

Odds ratio

dy/dx

Exporter

−0.004***

0.996***

−0.001***

(0.001)

(0.001)

(0.000)

Email

0.351***

1.421***

0.087***

(0.042)

(0.060)

(0.011)

Website

0.797***

2.218***

0.198***

(0.044)

(0.098)

(0.011)

ISO

0.640***

1.896***

0.159***

(0.049)

(0.092)

(0.012)

Top Manager female

−0.244***

0.783***

−0.061***

(0.054)

(0.043)

(0.014)

Top Manager exp.

−0.022***

0.978***

−0.005***

(0.002)

(0.002)

(0.000)

Ln (Firm Age)

0.481***

1.618***

0.119***

(0.035)

(0.057)

(0.009)

Private domestic own.

0.002***

1.002***

0.001***

(0.001)

(0.001)

(0.000)

Internal funds

−0.005***

0.995***

−0.001***

(0.001)

(0.001)

(0.000)

Borrowed from banks

−0.000

1.000

0.000

(0.001)

(0.001)

(0.000)

Borrowed from Non-B

−0.001

0.999

0.000

(0.002)

(0.002)

(0.000)

Credit Purchases

0.001

1.001

0.000

(0.001)

(0.001)

(0.000)