Research Article

Enterprise Financing Mode and Technological Innovation Behavior Selection: An Empirical Analysis Based on the Data of the World Bank’s Survey of Chinese Private Enterprises

Table 4

Control variable.

Variable dimensionVariablesDescription of variablesQuestions in the questionnaireAssignments to answer

Enterprise levelSizeWorkforce sizeL1Natural logarithm of “number of employees”
Degree of informatizationKnowledge intensityCNo.8Logarithm of the “proportion of employees using computers for work”
AgeBusiness yearsb52012: year of establishment of the enterprise
Export status of the enterpriseExports or notd3aExport = 1; no export = 0
External environment of enterprisesInternational certificationInternational quality certificationB8Yes = 1; no = 0
Industry characteristicIndustry dummy variableA4There are four industries according to OECD industrial technology intensity standards, and three dummy variables are set
Market environmentThe relationship between local government and market, product market development degree, and factor market development degreeRegional marketization index of Fan Gang