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Firm characteristics may also play a role.
Table 2 describes deal and firm characteristics.
Second, we use questionnaire data on firm characteristics.
Panel B reports mean and median values for firm characteristics.
Table 2 shows summary statistics for firm characteristics.
This study explored whether small firm characteristics militated against their performance because the firm characteristics made it difficult to manage the firms strategically.
Results indicate that R&D related firm characteristics significantly affect the realisation of behavioural additionality.
The tested explanatory variables are related to employee, job and firm characteristics.
However, the relationship between firm characteristics and general selection criteria is not significant.
The objective is to estimate how distinct firm characteristics influence the realisation of behavioural additionalities.
In Sect. 4 we present the data and describe the firm characteristics.
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