Table 7: Results of the Cox Duration Model
Variable |
Hazard Ratio | ||||||
Eqn 1 |
Eqn 2 |
Eqn 3 |
Eqn 4 |
Eqn 5 |
Eqn 6 |
Eqn 7 | |
Firm Size in 1986 |
.998** |
0.999* |
.998*** |
.998*** |
.998*** |
.998** |
.997*** |
Plant Nationality: European |
- |
- |
- |
- |
- |
- |
- |
North American |
.896 |
0.897 |
.909 |
.917 |
.898 |
.920 |
.869 |
Other Non-European Sector: |
.655 |
0.647 |
.665 |
.791 |
.689 |
.636 |
.685 |
High-tech |
- |
- |
- |
- |
- |
- |
- |
Medium-High-tech |
1.444 |
1.428 |
1.469 |
1.371 |
1.695* |
1.290 |
1.582 |
Medium-Low-tech |
1.437 |
1.390 |
1.610 |
1.450 |
1.876** |
1.344 |
1.745** |
Low-Tech |
2.565*** |
2.474*** |
3.073*** |
2.846*** |
3.098*** |
2.662*** |
3.335*** |
Started in Ireland: Pre 1973 |
- |
- |
- |
- |
- |
- |
- |
1973-1982 |
0.963 |
0.971 |
0.961 |
0.986 |
1.015 |
0.985 |
.963 |
Post 1982 |
1.006 |
1.021 |
0.995 |
1.035 |
1.045 |
1.065 |
.986 |
Annual MNC Entry |
1.132*** |
1.133*** |
1.149*** |
1.124*** |
1.178*** |
1.118*** |
1.151*** |
1. Non-R&D |
- |
- | |||||
Spender All R&D Spenders 2. Small R&D Spender |
.288*** |
0.381*** | |||||
Large R&D Spender 4. Existence of a 5. % Sales of 7. Average R&D |
0.215*** |
0.999** |
0.304*** |
.974*** |
.883*** |
.922** | |
Log Likelihood |
-1196.38 |
-1195.25 |
-1213.81 |
-1204.54 |
-1198.19 |
-1200.83 |
-1215.71 |
Chi Square (11) |
103.04 |
105.31 |
68.18 |
86.72 |
99.43 |
94.14 |
64.39 |
Prob > Chi2 |
0.0000 |
0.0000 |
0.0000 |
0.0000 |
0.0000 |
0.0000 |
0.0000 |
N |
691 |
691 |
691 |
691 |
691 |
691 |
691 |
Time at risk_________ |
6355 |
6355 |
6355 |
6355 |
6355 |
6355 |
6355 |
Source: Calculated using data from Forfas. Categorical Variables are benchmarked against the -
category. . *** = significant at the 1% level ** = significant at the 5% level *=significant at the 10%
level
31
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