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Table 6 Pearson’s correlation matrix for key study variables

From: Response to the global financial crisis: a follow-up study

  2 3 4 5 6 7 8 9 10 11 12+
1. Overall innovativeness 2008 .530** .504** .757** .342** .410** .936** .518** .454** .181 .094 .102
2. Overall innovativeness 2012   .426** .399** .722** .271* .500** .926** .435** .353** .022 .095
3. Overall innovativeness 2015    .324** .327** .791** .506** .394** .914** .435** .007 .066
4. Product innovativeness 2008     .594** .434** .481** .208 .180 − .116 − .075 .005
5. Product innovativeness 2012      .422** .146 .411** .192 .043 − .181 − .032
6. Product innovativeness 2015       .319** .132 .476** .162 .014 .070
7. Process and business systems innovativeness 2008        .586** .518** .312** .163 .133
8. Process and business systems innovativeness 2012         .480** .442** .123 .143
9. Process and business systems innovativeness 2015          .509** − .002 .048
10. Change in performance           .042 .046
11. Commodity focus 2012            .698**
  1. *Significant at 5% level
  2. **Significant at 1% level
  3. +12 = commodity focus 2015