VIF

No. of New Products

Product Novelty

Product Advantage

Variable

Model 2

Model 1

Model 6

Model 5

Model 4

Model 3

Model 2

Model 1

t

β

t

β

t

β

t

β

t

β

t

β

1.288

1.278

−0.837

−0.066

−0.573

−0.045

−1.383

−0.105

−1.192

−0.091

−0.906

−0.066

−0.421

−0.033

Firm experience

1.245

1.244

1.813

0.140*

1.864

0.145*

1.353

0.101

1.391

0.107

−0.959

−0.069

−0.785

−0.060

No. of employees

1.194

1.128

0.707

0.053

1.254

0.093

2.157

0.158**

2.709

0.194***

0.794

0.056

1.965

0.143*

R&D expenses

1.464

1.460

−0.702

−0.059

−0.818

−0.070

−0.173

−0.014

−0.059

−0.005

−1.478

−0.115

−1.125

−0.093

Steel manufacturing

1.232

1.231

0.972

0.076

0.765

0.060

−0.375

−0.028

−0.446

−0.033

−1.032

−0.074

−1.145

−0.087

Construction industries

1.177

1.174

−1.363

−0.104

−1.555

−0.120

0.444

0.032

0.344

0.025

−2.005

−0.140**

−2.116

−0.157**

Machines & equipment

1.146

1.146

0.155

0.012

−0.004

0.000

0.170

0.012

0.112

0.008

−1.886

−0.130*

−1.907

−0.140*

Stone industries

1.131

1.127

1.846

0.137*

1.860

0.139*

1.468

0.105

1.572

0.113

−0.782

−0.054

−0.466

−0.034

Mine industries

1.517

1.517

−1.000

−0.085

−1.150

−0.099

1.354

0.112

1.312

0.109

−1.107

−0.088

−1.113

−0.094

Nano industries

1.094

2.250

0.164**

2.112

0.148**

5.246

0.354***

Proactive market orientation

0.315

0.274

0.321

0.288

0.410

0.231

R

0.099

0.075

0.103

0.083

0.168

0.053

R Square

0.024

0.075

0.020

0.083

0.114

0.053

R Square change

0.051

0.031

0.058

0.042

0.126

0.011

Adjusted R Square

2.064

1.694

2.297

2.021

4.036

1.260

F statistics

0.029

0.093

0.014

0.039

0.000

0.261

Sig.