Hierarchical regression results predicting entrepreneurial venture survival
| Predictor | Model 1 | Model 2 | Model 3 | Model 4 | Model 5 | Model 6 |
|---|---|---|---|---|---|---|
| Gender | 0.05 | 0.03 | 0.02 | 0.01 | 0.01 | 0.01 |
| Age | 0.10* | 0.07 | 0.05 | 0.04 | 0.03 | 0.02 |
| Education | 0.07 | 0.06 | 0.04 | 0.03 | 0.02 | 0.01 |
| Product Innovation | 0.26*** | 0.23*** | 0.21*** | 0.19*** | 0.18*** | |
| Process Innovation | 0.24*** | 0.21*** | 0.20*** | 0.17*** | 0.15*** | |
| Organizational Innovation | 0.25*** | 0.22*** | 0.19*** | 0.18*** | 0.16*** | |
| Marketing Innovation | 0.23*** | 0.21*** | 0.18*** | 0.16*** | 0.14*** | |
| Organizational Adaptability | 0.45*** | 0.43*** | 0.41*** | 0.38*** | ||
| Market Dynamism | 0.08 | 0.06 | 0.05 | |||
| Competitive Intensity | 0.11** | 0.10** | 0.09** | |||
| Regulatory Environment | 0.10** | 0.09** | 0.08** | |||
| IS × MD | 0.04 | 0.03 | ||||
| IS × CI | 0.18*** | 0.16*** | ||||
| IS × RE IS × MD × OA | 0.16** | 0.14** 0.02 | ||||
| IS × CI × OA | 0.11** | |||||
| IS × RE × OA | 0.10** | |||||
| R2 | 0.034 | 0.332 | 0.405 | 0.425 | 0.448 | 0.478 |
| ΔR2 | – | 0.298 | 0.073 | 0.020 | 0.023 | 0.030 |
| F | 2.45* | 29.6*** | 35.1*** | 34.4*** | 33.9*** | 36.3*** |
| Predictor | Model 1 | Model 2 | Model 3 | Model 4 | Model 5 | Model 6 |
|---|---|---|---|---|---|---|
| Gender | 0.05 | 0.03 | 0.02 | 0.01 | 0.01 | 0.01 |
| Age | 0.10* | 0.07 | 0.05 | 0.04 | 0.03 | 0.02 |
| Education | 0.07 | 0.06 | 0.04 | 0.03 | 0.02 | 0.01 |
| Product Innovation | 0.26*** | 0.23*** | 0.21*** | 0.19*** | 0.18*** | |
| Process Innovation | 0.24*** | 0.21*** | 0.20*** | 0.17*** | 0.15*** | |
| Organizational Innovation | 0.25*** | 0.22*** | 0.19*** | 0.18*** | 0.16*** | |
| Marketing Innovation | 0.23*** | 0.21*** | 0.18*** | 0.16*** | 0.14*** | |
| Organizational Adaptability | 0.45*** | 0.43*** | 0.41*** | 0.38*** | ||
| Market Dynamism | 0.08 | 0.06 | 0.05 | |||
| Competitive Intensity | 0.11** | 0.10** | 0.09** | |||
| Regulatory Environment | 0.10** | 0.09** | 0.08** | |||
| IS × MD | 0.04 | 0.03 | ||||
| IS × CI | 0.18*** | 0.16*** | ||||
| IS × RE IS × MD × OA | 0.16** | 0.14** | ||||
| IS × CI × OA | 0.11** | |||||
| IS × RE × OA | 0.10** | |||||
| 0.034 | 0.332 | 0.405 | 0.425 | 0.448 | 0.478 | |
| Δ | – | 0.298 | 0.073 | 0.020 | 0.023 | 0.030 |
| F | 2.45* | 29.6*** | 35.1*** | 34.4*** | 33.9*** | 36.3*** |
Note(s): n = 328 in all models; ***p < 0.001, **p < 0.01, *p < 0.05. Two-tailed tests
Abbreviations and Terms:
RE = Regulatory Environment
Effect = Unstandardized regression coefficient
IS = Innovation Strategy
MD = Market Dynamism
CI = Competitive Intensity
OA = Organizational Adaptability