Variable | lnpatent | lnpatentapply |
lnpatent(−1) | 1.047*** (6.24) |
|
Lnpatentapply(−1) |
| 0.824** (1.77) |
ind | 1.025*** (3.11) | 1.256* (1.17) |
ser | 1.609*** (4.08) | 1.780** (2.16) |
edu | 11.588** (6.20) | 34.887*** (5.24) |
open | −0.015 (−0.01) | −0.134 (−0.13) |
fdi | −0.0.070 (−0.14) | −0.063 (−0.09) |
rd | 0.154** (2.24) | 0.137** (2.11) |
_cons | −0.564 (−0.1) | 0.074 (0.01) |
AR(1) | 0.0134 | 0.0833 |
AR(2) | 0.3964 | 0.3463 |
sargan | 1.0000 | 1.0000 |