The Impact of Business Strategic Orientation on Innovation-Driven Mergers and Acquisitions: An Empirical Study

Table 10

OLS multivariate regression results of model (3).

Independent variable	Dependent variable patent
	Regression coefficient	value	t value
Strategy	85.9697	0.000	5.66
Size	13.0396	0.043	2.03
Leverage	32.6086	0.322	0.99
Cashflow	152.5638	0.188	1.57
CR	−1.4092	0.261	−1.13
IBR	−19.1461	0.389	−0.86
R-squared	0.1934
Sample size	223
Prob > F	0.0000

, , and .