Table 1
Summary Statistics 

 

Number of Observations = 350 

Variable 

Mean 

Standard
Deviation 

Minimum 

Maximum 

Relationship 

0.56 

0.50 

0.0 

1.00 

Organizational Structure: Independent Affiliate 

0.27 

 

0.0 

1.00 

Organizational Structure: Wholly Own Sub. 

0.57 

 

0.0 

1.00 

Organizational Structure: Direct Investor 

0.16 

 

0.0 

1.00 

Commitment (Corporate Investment/Total) 

18.36 

21.82 

0.1 

100.00 

Age of Start-Up 

2.84 

2.84 

0.0 

21.00 

Round that Corporation First Invested in Start-Up 

2.09 

1.76 

1.0 

16.00 

Patents Before the Investment 

0.15 

1.24 

0.0 

25.00 

Patent After the Investment 

1.58 

5.48 

0.0 

74.00 

Number of Corporate Investors 

1.26 

2.57 

0.0 

16.00 

Number of Telecom Investors 

0.00 

1.11 

0.0 

11.00 

Stock of Corporate Investments 

20.74 

21.58 

0.0 

90.00 

Stock of Investments Industry Wide 

228.76 

137.84 

0.0 

498.00 

Forgetting 

4.19 

17.30 

0.0 

204.00 

Time 

68.43 

50.78 

0.0 

300.00