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Table 1 The statistical results of ITS analysis of the total number of patent applications

From: Longitudinal study of the impact of three major regulations on the Korean pharmaceutical industry in the last 30 years

Variable

Coefficient

SE

t

p

Intercept \(\beta_{0}\)

12.23

21.28

0.57

0.57

Baseline trend \(\beta_{1}\)

3.51

23.22

4.12

0.00

Level change after policy \(\beta_{2}\)

95.70

1.32

2.65

0.01

Trend change after policy \(\beta_{3}\)

3.97

1.52

2.61

0.01

  1. SE: standard error