Table 3. Descriptive statistics

Variable Observation Mean Standard dev. Median Inter-quartile range
Patent (1/0) 1,066 0.65 0.48 1 1
Commercialization (1/0) 1,066 0.56 0.50 1 1
Zombie status (1/0) 962 0.16 0.37 0 0
Industry with lower zombie share 1,066 0.35 0.48 0 1
Government fund 1,066 15.14 14.67 12.6 14.56
Project duration 1,066 3.06 1.54 3 2
Partners 1,066 3.21 2.02 3 2
Technology readiness level 1,007 6.70 1.77 7 2