(1) (2) (3) (4) (5) (6) VARIABLES LABELS Greenfield Greenfield Greenfield Greenfield Greenfield Greenfield lnicoysize Company Size -2.354*** -2.410*** -2.431*** -2.354*** -2.387*** -2.387*** [0.000] [0.000] [0.000] [0.000] [0.000] [0.000] icoyage Age of company 0.008 0.007 0.008 0.008 0.002 0.002 [0.218] [0.255] [0.200] [0.218] [0.843] [0.843] announcedyear Announced Year -0.225*** -0.230*** -0.228*** -0.225*** -0.225*** -0.225*** [0.000] [0.000] [0.000] [0.000] [0.000] [0.000] numfounder Number of Founders 0.216 0.163 0.225 0.216 0.275 0.275 [0.363] [0.486] [0.301] [0.363] [0.288] [0.288] irevenue Est Revenue -0.026 -0.012 -0.023 -0.026 -0.023 -0.023 [0.842] [0.929] [0.863] [0.842] [0.861] [0.861] ifunding Funding Received -0.000* -0.000* -0.000* -0.000* -0.000* -0.000* [0.023] [0.011] [0.037] [0.023] [0.028] [0.028] ipostatuscode IPO Status 0.932** 0.844** 0.900** 0.932** 0.946** 0.946** [0.004] [0.006] [0.008] [0.004] [0.003] [0.003] ipcount Patents Granted -0.104+ -0.111* -0.107 -0.104+ -0.103+ -0.103+ [0.071] [0.044] [0.103] [0.071] [0.080] [0.080] irindex IR Digital Index 0.061 0.012 -0.095 0.061 0.071 0.071 [0.734] [0.942] [0.572] [0.734] [0.698] [0.698] lnnumapps No. of Mobile Apps -0.437** -0.384** -0.386** -0.386** [0.002] [0.008] [0.008] [0.008] lntechcount No. of Tech Adopted -0.367* -0.312+ -0.309+ -0.309+ [0.031] [0.069] [0.071] [0.071] imr2 imr2 -0.298 -0.298 [0.572] [0.572] Constant Constant 457.795*** 467.508*** 465.963*** 457.795*** 459.739*** 459.739*** [0.000] [0.000] [0.000] [0.000] [0.000] [0.000] Observations 535 535 535 535 535 535 Robust pval in brackets *** p<0.001, ** p<0.01, * p<0.05, + p<0.1