Table IV.

Partial least square (PLS) estimation results for direct effects

Structural path from → toβSDt-valuep-value
Hypothesized links (supported hypotheses in bold)
H1 Formal Institutional Support → Entrepreneurial Self-Efficacy0.0610.0630.968n.s.
H2 Informal Institutional Support → Entrepreneurial Self-Efficacy0.2910.0604.823***
H3 Entrepreneurial Self-Efficacy → Venture Performance0.5420.0638.560***
H4a Formal Institutional Support → Venture Performance (Mediated by Entrepreneurial Self-Efficacy)0.0330.0340.961n.s.
H4b Informal Institutional Support → Venture Performance (Mediated by Entrepreneurial Self-Efficacy)0.1580.0384.122***
Non-hypothesized links (control variables)
Entrepreneur’s Age → Entrepreneurial Self-Efficacy0.1120.0591.890*
Educational Attainment → Entrepreneurial Self-Efficacy0.1250.0631.996**
Entrepreneurial Experience → Entrepreneurial Self-Efficacy0.1660.0543.107***
Family Ties → Entrepreneurial Self-Efficacy−0.0620.0491.270n.s.
Marital Status (1: Married) → Entrepreneurial Self-Efficacy−0.1360.0622.181**
Entrepreneur’s Age → Venture Performance−0.0620.0471.310n.s.
Educational Attainment → Venture Performance0.0020.0330.070n.s.
Entrepreneurial Experience → Venture Performance0.0440.0431.038n.s.
Family Ties → Venture Performance−0.0460.0421.104n.s.
Marital Status (1: Married) → Venture Performance0.0200.0370.540n.s.

Notes: Sample size N = 202; levels of significance:

*

p < 0.1;

**

p < 0.05;

***

p < 0.01; n.s.: not significant; SD = standard deviation

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