Research Article
How Does Foreign Equity Right Impact Manufacturing Enterprise Innovation Behaviors? Mediation Test Based on Technology Introduction
Table 4
Model regression results.
| Variables | Probit model | Marginal effect | Model 1 | Model 2 | Model 3 |
| FER | 0.245 | 0.757 | 0.047 | 0.093 | (1.77) | (5.24) | (0.32) | Educational background of employee | 0.003 | 0.007 | 0.002 | 0.001 | (2.12) | (4.68) | (1.17) | Enterprise size | 0.153 | 0.191 | 0.121 | 0.058 | (5.13) | (5.61) | (3.91) | Enterprise age | −0.009 | −0.010 | −0.008 | −0.003 | (−2.04) | (−1.88) | (−1.65) | International certification | 0.194 | 0.491 | 0.083 | 0.073 | (2.44) | (4.79) | (1.00) | Degree of informatization | −0.004 | −0.003 | −0.004 | −0.001 | (−2.13) | (−1.27) | (−2.03) | Technology introduction | | | 0.790 | | | | (8.82) | | Industrial characteristics | Control | Control | Control | Control | R2 | 0.0357 | 0.105 | 0.173 | | N | 1,433 | 1,397 | 1,395 | |
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Z value is included in the bracket; ∗∗and ∗∗∗represent significance at the levels of 10%, 5%, and 1%, respectively.
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