Table A1.

Regressions explaining financial measures (with an alternative definition of new firms: foundation threshold set to 2020)

Satisfaction w/ income from entrepreneurshipDisposable
income
Financial
problems
Female−0.0549−0.135*−0.0230
Age−0.00610*−0.00335−0.0145***
University degree−0.02730.199***−0.145*
Urban (Prague or Brno)−0.00988−0.1060.185**
Children in household0.05210.0356−0.0481
Necessity entrepreneurship−0.101**−0.0845**−0.000343
Locus of control0.296***0.174***−0.194***
Self-efficacy0.0933**0.141***−0.103**
Breadwinner
Respondentref.ref.ref.
Respondent and sb else0.01820.115−0.236***
Somebody else−0.363***−0.0600−0.118
Business type
Established businessref.ref.ref.
Other new business (f. 2020+)−0.0688−0.229**0.176*
Startup−0.143−0.519***0.795***
Industry dummiesYesYesYes
R20.2080.1430.167
N111311131113
p(business type)0.554<0.0001<0.0001
Notes:

(i) Last row shows the p-value of a Wald test for joint significance of business type dummies (based on a heteroscedasticity-robust variance matrix); (ii) *p < 0.05; **p < 0.01; ***p < 0.001

Source: Authors’ own work

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