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A Systems View Across Time and Space

Table 6 Pearson correlation matrix for questionnaire/Set 2 (the highest benefits)

From: Firm performance over innovation cycle: evidence from a small European economy

 

2.1

2.2

2.3

2.4

2.5

2.6

2.7

2.8

2.1 New/innovative products/services and improved our competitiveness

1

       

2.2 We have cut costs via energy and material savings

0.112

1

      

2.3 The project enabled higher investment in applied research in the future

0.165*

− 0.211**

1

     

2.4 We registered IPR and derived income from these

0.055

− 0.233**

0.420**

1

    

2.5 We have modern technological equipment now

0.186*

0.298**

− 0.201**

− 0.263**

1

   

2.6 We improved cooperation with partners from public and private sectors

0.265**

− 0.070

0.109

0.046

0.110

1

  

2.7 We are developing cooperation more than before with partners from abroad

0.349**

0.103

0.198**

− 0.031

0.146

0.261**

1

 

2.8 Certifications and/or accreditations of our products/services increased our revenue

0.210**

0.122

0.138

0.049

0.089

0.085

0.305**

1

2.9 Professional capabilities of our employees increased

0.214**

− 0.090

0.211**

0.039

− 0.033

0.209**

0.267**

0.150

  1. *Significant at the 0.05 level; **significant at the 0.01 level