Table 7.

Result of the impact of the startup ecosystem on TPB structure

HypothesesEstimateS.E.C.R.Empirical evidence
H3b: SN / EE0.013**0.0560.235Unsupported
H3c: BC / EE−0.025**0.021−1.198Unsupported
H4b: SN / US−0.928**0.391−2.375Unsupported
H4c: BC / US−0.142**0.130−1.093Unsupported
H5b: SN / C1.556**0.4083.814Supported
H5c: BC / C0.102**0.1130.899Unsupported
Note(s):

**ρ < 0.001

Source(s): By author

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