The digitalization and public crisis responses of small and medium enterprises: Implications from a COVID-19 survey

Frontiers of Business Research in China

Table 8 Results of regression analysis

	Short-term crisis responses			Long-term crisis responses			Performance
Province	0.239	0.163	0.401	0.322	0.212	0.472	0.650	0.620	0.668	0.841	0.758
Industry	0.303	0.296	0.496	0.375	0.356	0.571	0.991	0.994	0.953	0.830	0.906
Property	0.211	0.108	0.141	0.479	0.282	0.337	0.005**	0.003**	0.003**	0.006**	0.003**
Year	0.082*	0.248	0.115	0.003**	0.016*	0.006**	0.305	0.406	0.331	0.441	0.308
Overall digitalization degree	0.161***			0.265***			0.090**
Digital technology adoption		0.192***			0.328***			0.095**
Business mode (online/offline)			0.068			0.177†			0.109
Short-term crisis responses										0.218***
Long-term crisis responses											0.012
F-value	10.85***	16.24***	1.46	12.32***	19.84***	2.54**	3.21**	3.42**	2.30*	4.21***	2.02†
R²	0.096	0.137	0.014	0.107	0.162	0.024	0.030	0.032	0.022	0.040	0.019
Adjusted R²	0.087	0.129	0.004	0.099	0.154	0.015	0.021	0.023	0.012	0.030	0.010