Correlations
| Variable | Mean | SD | 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 | 14 | 15 | 16 | 17 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1. Firm Age | 8.68 | 8.54 | – | ||||||||||||||||
| 2. Ent XP | 0.32 | 0.47 | 0.02 | – | |||||||||||||||
| 3. Age | 46.93 | 15.1 | 0.268** | −0.18 | – | ||||||||||||||
| 4. Education | 5.75 | 1.84 | 0.13 | 0.375** | −0.197* | – | |||||||||||||
| 5. Case Sample | 0.28 | 0.45 | −0.268** | 0.248** | −0.323** | 0.296** | – | ||||||||||||
| 6. Hi-tech Growth | 2.10 | 0.77 | 0.02 | −0.392** | 0.303** | −0.14 | −0.323** | – | |||||||||||
| 7. Write Bplan | 1.58 | 2.09 | 0.00 | −0.04 | −0.213* | 0.15 | 0.08 | 0.08 | – | ||||||||||
| 8. Secondary Data | 1.52 | 2.00 | −0.10 | 0.307** | −0.192* | 0.264** | 0.355** | −0.346** | 0.196* | – | |||||||||
| 9. Bplan Feedback | 1.68 | 2.05 | −0.06 | 0.14 | −0.13 | 0.14 | 0.15 | −0.18 | 0.240** | 0.04 | – | ||||||||
| 10. Bplan Funding | 0.96 | 1.78 | −0.07 | 0.238** | −0.279** | 0.13 | 0.06 | −0.08 | 0.12 | 0.11 | 0.297** | – | |||||||
| 11. Interview | 1.93 | 2.23 | −0.11 | 0.246** | −0.16 | 0.279** | 0.343** | −0.221* | 0.07 | 0.238** | 0.215* | 0.236** | – | ||||||
| 12. Prototype | 1.30 | 2.05 | −0.10 | 0.260** | −0.406** | 0.253** | 0.216* | −0.17 | 0.06 | 0.15 | 0.13 | 0.384** | 0.14 | – | |||||
| 13. Show Proto | 1.06 | 1.91 | 0.00 | 0.318** | −0.272** | 0.249** | 0.204* | −0.255** | 0.10 | 0.311** | 0.13 | 0.300** | 0.265** | 0.367** | – | ||||
| 14. Experiment | 1.25 | 2.04 | −0.05 | 0.419** | −0.318** | 0.209* | 0.241** | −0.283** | −0.04 | 0.207* | 0.216* | 0.14 | 0.341** | 0.03 | 0.15 | – | |||
| 15. Preorders | 0.65 | 1.57 | 0.188* | −0.07 | −0.16 | 0.05 | −0.17 | 0.08 | 0.12 | −0.06 | −0.01 | 0.06 | −0.03 | 0.16 | −0.12 | 0.02 | – | ||
| 16. Pivot | 1.50 | 2.16 | −0.01 | 0.12 | −0.11 | 0.17 | 0.223* | 0.00 | 0.12 | 0.07 | 0.256** | 0.180* | 0.202* | 0.09 | 0.07 | 0.238** | 0.07 | – | |
| 17. DV–Success | 3.66 | 1.18 | 0.04 | 0.275** | −0.294** | 0.211* | −0.04 | −0.17 | 0.211* | 0.11 | 0.10 | 0.13 | 0.215* | 0.16 | 0.181* | 0.183* | 0.267** | 0.15 | – |
| 18. DV–Growth | 0.31 | 0.46 | 0.01 | 0.299** | −0.381** | 0.301** | 0.260** | −0.265** | 0.230* | 0.16 | 0.15 | 0.219* | 0.272** | 0.187* | 0.239** | 0.233* | 0.255** | 0.264** | 0.621** |
| Variable | Mean | SD | 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 | 14 | 15 | 16 | 17 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1. Firm Age | 8.68 | 8.54 | – | ||||||||||||||||
| 2. Ent XP | 0.32 | 0.47 | 0.02 | – | |||||||||||||||
| 3. Age | 46.93 | 15.1 | 0.268** | −0.18 | – | ||||||||||||||
| 4. Education | 5.75 | 1.84 | 0.13 | 0.375** | −0.197* | – | |||||||||||||
| 5. Case Sample | 0.28 | 0.45 | −0.268** | 0.248** | −0.323** | 0.296** | – | ||||||||||||
| 6. Hi-tech Growth | 2.10 | 0.77 | 0.02 | −0.392** | 0.303** | −0.14 | −0.323** | – | |||||||||||
| 7. Write Bplan | 1.58 | 2.09 | 0.00 | −0.04 | −0.213* | 0.15 | 0.08 | 0.08 | – | ||||||||||
| 8. Secondary Data | 1.52 | 2.00 | −0.10 | 0.307** | −0.192* | 0.264** | 0.355** | −0.346** | 0.196* | – | |||||||||
| 9. Bplan Feedback | 1.68 | 2.05 | −0.06 | 0.14 | −0.13 | 0.14 | 0.15 | −0.18 | 0.240** | 0.04 | – | ||||||||
| 10. Bplan Funding | 0.96 | 1.78 | −0.07 | 0.238** | −0.279** | 0.13 | 0.06 | −0.08 | 0.12 | 0.11 | 0.297** | – | |||||||
| 11. Interview | 1.93 | 2.23 | −0.11 | 0.246** | −0.16 | 0.279** | 0.343** | −0.221* | 0.07 | 0.238** | 0.215* | 0.236** | – | ||||||
| 12. Prototype | 1.30 | 2.05 | −0.10 | 0.260** | −0.406** | 0.253** | 0.216* | −0.17 | 0.06 | 0.15 | 0.13 | 0.384** | 0.14 | – | |||||
| 13. Show Proto | 1.06 | 1.91 | 0.00 | 0.318** | −0.272** | 0.249** | 0.204* | −0.255** | 0.10 | 0.311** | 0.13 | 0.300** | 0.265** | 0.367** | – | ||||
| 14. Experiment | 1.25 | 2.04 | −0.05 | 0.419** | −0.318** | 0.209* | 0.241** | −0.283** | −0.04 | 0.207* | 0.216* | 0.14 | 0.341** | 0.03 | 0.15 | – | |||
| 15. Preorders | 0.65 | 1.57 | 0.188* | −0.07 | −0.16 | 0.05 | −0.17 | 0.08 | 0.12 | −0.06 | −0.01 | 0.06 | −0.03 | 0.16 | −0.12 | 0.02 | – | ||
| 16. Pivot | 1.50 | 2.16 | −0.01 | 0.12 | −0.11 | 0.17 | 0.223* | 0.00 | 0.12 | 0.07 | 0.256** | 0.180* | 0.202* | 0.09 | 0.07 | 0.238** | 0.07 | – | |
| 17. DV–Success | 3.66 | 1.18 | 0.04 | 0.275** | −0.294** | 0.211* | −0.04 | −0.17 | 0.211* | 0.11 | 0.10 | 0.13 | 0.215* | 0.16 | 0.181* | 0.183* | 0.267** | 0.15 | – |
| 18. DV–Growth | 0.31 | 0.46 | 0.01 | 0.299** | −0.381** | 0.301** | 0.260** | −0.265** | 0.230* | 0.16 | 0.15 | 0.219* | 0.272** | 0.187* | 0.239** | 0.233* | 0.255** | 0.264** | 0.621** |
Note(s): N = 120
*Correlation is significant at the 0.05 level (2-tailed)
**Correlation is significant at the 0.01 level (2-tailed)
Ent XP is binary where 1 represents prior startup experience and 0 represents no prior startup experience
Education is scalar where 1 represents completion of 8th grade and 9 represents completion of doctoral degree
Case Sample is binary where 0 represents Qualtrics sample and 1 represents initial sampling
Sharing content requires targeting cookies to be enabled. Please update your cookie preferences to use this feature.