Means, standard deviations and correlations
| Mean | SD | 1 | 2 | 3 | 4 | 5 | 6 | |
|---|---|---|---|---|---|---|---|---|
| 1. New venture creation | 0.61 | 0.48 | ||||||
| 2. Average age of founding team members | 42.72 | 11.68 | 0.22*** | |||||
| 3. High-technology industry (dummy) | 0.17 | 0.38 | 0.03 | −0.01 | ||||
| 4. Founding team size | 2.36 | 0.72 | −0.00 | 0.06 | 0.08 | |||
| 5. Business plan development (dummy) | 0.52 | 0.49 | 0.02 | 0.01 | 0.08 | 0.04 | ||
| 6. Founding team industry experience | 7.83 | 8.19 | 0.22*** | 0.34*** | 0.06 | −0.03 | 0.10* | |
| 7. Founding team venturing experience | 0.31 | 0.56 | −0.02 | 0.20*** | −0.00 | 0.11* | 0.10* | 0.07 |
| Mean | SD | 1 | 2 | 3 | 4 | 5 | 6 | |
|---|---|---|---|---|---|---|---|---|
| 1. New venture creation | 0.61 | 0.48 | ||||||
| 2. Average age of founding team members | 42.72 | 11.68 | 0.22*** | |||||
| 3. High-technology industry (dummy) | 0.17 | 0.38 | 0.03 | −0.01 | ||||
| 4. Founding team size | 2.36 | 0.72 | −0.00 | 0.06 | 0.08 | |||
| 5. Business plan development (dummy) | 0.52 | 0.49 | 0.02 | 0.01 | 0.08 | 0.04 | ||
| 6. Founding team industry experience | 7.83 | 8.19 | 0.22*** | 0.34*** | 0.06 | −0.03 | 0.10* | |
| 7. Founding team venturing experience | 0.31 | 0.56 | −0.02 | 0.20*** | −0.00 | 0.11* | 0.10* | 0.07 |
Notes: n=446. *p<0.05; **p<0.01; ***p<0.001
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