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