Research Article

Government Subsidies and Enterprise Innovation: Evidence from China's Photovoltaic Industry

Table 2

Descriptive statistics.

VariablesMeanStandard deviationMinMax

Inno13.24320.2100.006216.495
RDSub7.0352.2540.00012.452
NRDSub9.5152.7420.00014.174
Size13.9322.8920.00017.61
Own0.0330.1070.0000.759
Profit15.8057.0180.00022.438
Debt0.4750.2290.0152.861
Age1.9410.8980.0003.332