R&D outsourcing intensity(t-2) Ratio of Researcher in R&D employee -0.(0.63) ⅹ R&D outsourcing intensity(t-2) Ratio of PhD. Researcher -0.(2.8) ⅹ R&D outsourcing intensity(t-2) Ratio of Master degree Researcher 0.6(0.5) ⅹ R&D outsourcing intensity(t-2) Ratio of FTE Researcher -0.(0.46) ⅹ Included Included Included Year dummy Adjusted R2 0. 0.243 0.25 19.53 17.29 17. F-Value(P) Notes: < 0.10, *p<0.05, **p<0.01, ***p<0.001 estimated standard errors are in parentheses. †p
R&D outsourcing intensity(t-2) ⅹ Ratio of Researcher in R&D employee -0.(0.63) R&D outsourcing intensity(t-2) ⅹ Ratio of PhD. Researcher -0.(2.8) R&D outsourcing intensity(t-2) ⅹ Ratio of Master degree Researcher 0.6(0.5) R&D outsourcing intensity(t-2) ⅹ Ratio of FTE Researcher -0.(0.46) Year dummy Included Included Included Adjusted R2 0. 0.243 0.25 F-Value(P) 19.53 17.29 17. Notes: †p < 0.10, *p<0.05, **p<0.01, ***p<0.001 estimated standard errors are in parentheses.
Internalization%20of%20R%26D%20Outsourcing_An%20empirical%20Study%2813-00017%29_Revision.docx