Table 1

Characteristics of the sample (n = 151)

Nascent entrepreneurs
Sex
Male63.6%
Female36.4%
Educational level 
Primary2.7%
Secondary18.5%
Some college23.8%
Professional training9.9%
University education45.1%
Previous entrepreneurial experience
Yes49.0%
No51.0%
Previous industry experience
Yes80.0%
No20.0%
Nascent ventures
Sector of activity
Primary sector5.3%
Secondary sector9.3%
Tertiary sector85.4%
Team of founders
Yes54.0%
No46.0%
Product novelty
High57.0%
Medium29.8%
Level of competition
High33.1%
Low66.9%
Duration of the gestation process (in months)20.52
Source(s): Authors’ own work

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