IT Usage and Innovation Performance of SMEs in China: A New Perspective

Table 1

Descriptive statistics of variables.

Variable name	Indicator name	Mean	Std. dev.	Min.	Max.	VIF
Innovation performance of SMEs	IP	7.016	7.715	0	21.822	—
IT usage width	ITW	4.292	1.410	0	5	2.35
IT usage frequency	ITF	3.234	1.181	1	5	2.41
Human capital quality	Human	10.125	1.903	1	18	1.06
Manufacturing flexibility	Flexibility	0.638	0.481	0	1	1.33
Firm size	Size	4.270	1.082	1.609	6.856	1.32
Firm age	Age	2.502	0.452	0	4.836	1.17
State-owned enterprise	State	3.641	17.369	0	95	1.29
R&D investment	R&D	0.432	0.496	0	1	1.27
Technology introduction	Technology	0.239	0.427	0	1	1.18
International quality certification	Certification	0.702	0.458	0	1	1.28
Export intensity	Export	13.608	26.283	0	100	1.09
Financing constraint	Financing	0.832	0.880	0	4	1.08
Business–government relations	Relation	1.236	2.829	0	35	1.07
Gender of the top manager	Gender	0.915	0.280	0	1	1.03
Management experience of the top manager	Experience	17.053	7.515	1	47	1.23