Table VIII

Ordered logit models for sales

Model (1)Model (2)Model (3)Model (4)
Independent variables
Entrepreneurial orientation dimensions
 Innovativeness0.268** (0.104)0.275*** (0.105)0.306*** (0.108)0.307*** (0.111)
 Proactiveness0.266*** (0.100)0.298*** (0.104)0.330*** (0.106)0.371*** (0.108)
 Risk-taking0.006 (0.102)−0.032 (0.105)−0.053 (0.107)−0.050 (0.107)
 Competitiveness0.169 (0.104)0.128 (0.109)0.115 (0.111)0.036 (0.111)
 Autonomy0.087 (0.083)0.094 (0.084)0.093 (0.086)0.108 (0.085)
Accommodation characteristics
 Size 0.016** (0.007)0.017** (0.007)0.014** (0.007)
 Restaurant −0.483 (0.318)−0.374 (0.327)−0.325 (0.329)
 Swimming 0.215 (0.270)0.235 (0.281)0.196 (0.275)
 Practice sports −0.109 (0.275)−0.183 (0.286)−0.128 (0.278)
 Family business 0.188 (0.252)0.238 (0.256)0.275 (0.258)
Decision maker profile
 Female  −0.531** (0.262)−0.555** (0.261)
Educational status
 University degree  −0.037 (0.282) 
 Master’s degree or higher  0.114 (0.431) 
 Compulsory education  0.497 (0.527) 
 High school  REF. 
 Age  −0.024* (0.014)−0.021 (0.014)
 Exp2  0.000 (0.000)0.000* (0.000)
 Exp  −0.017 (0.013)−0.021* (0.013)
Educational background
 Management   1.134*** (0.331)
 Tourism   0.847*** (0.308)
 Other   REF.
n224224224224
χ235.930 (0.000)45.562 (0.000)57.408 (0.000)69.479 (0.000)

Notes: Standard errors in parentheses. *p<0.10; **p<0.05; ***p<0.01

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