Table 2

Regression results

Control model 1Control model 2Regional modelTheoretical model
Standardised coefficienta (SE)Standardised coefficienta, b (SE)Standardised coefficienta, b, c (SE)Standardised coefficienta, b, c (SE)
(CONSTANT)3.95 (0.13)***3.95 (0.15)***3.98 (0.16)***3.00 (0.15)***
Controls
Age0.03 (0.00)0.03 (0.00)0.02 (0.00)−0.03 (0.00)†
Education−0.04 (0.02)*−0.02 (0.02)−0.03 (0.02)0.03 (0.02)
Self-employed−0.07 (0.09)**−0.06 (0.09)**−0.06 (0.09)**−0.01 (0.08)
Gender0.07 (0.05)**0.06 (0.05)**0.06 (0.05)**0.02 (0.05)
Knows failed entrepreneur−0.05 (0.05)*−0.05 (0.05)*−0.05 (0.05)*−0.02 (0.05)
Income < €1,000 −0.01 (0.11)−0.01 (0.11)−0.01 (0.10)
Income €1,000–€2,000 0.02 (0.09)0.02 (0.09)0.01 (0.08)
Income €2,000–€3,000 −0.01 (0.09)−0.02 (0.08)−0.02 (0.08)
Income €3,000–€4,000 −0.03 (0.10)−0.03 (0.10)−0.03 (0.09)
Income €4,000–€5,000 −0.02 (0.11)−0.02 (0.11)−0.02 (0.10)
Income > €5,000 −0.11 (0.13)***−0.11 (0.13)***−0.09 (0.12)***
Berlin  0.05 (0.13)*0.04 (0.12)†
Baden-Wuerttemberg  0.01 (0.09)0.00 (0.08)
Bavaria  0.02 (0.09)0.02 (0.08)
Brandenburg  −0.00 (0.15)0.00 (0.14)
Bremen  −0.05 (0.29)*−0.04 (0.27)*
Hamburg  0.01 (0.18)−0.00 (0.16)
Hesse  −0.01 (0.11)−0.01 (0.10)
Mecklenburg Western Pomerania  0.04 (0.19)0.02 (0.18)
Lower Saxony  −0.00 (0.10)−0.01 (0.09)
Rhineland-Palatinate  −0.06 (0.13)*−0.04 (0.12)*
Saarland  −0.00 (0.24)0.00 (0.22)
Saxony  0.04 (0.13)†0.03 (0.12)
Saxony-Anhalt  −0.04 (0.16)†−0.05 (0.15)*
Schleswig–Holstein  0.01 (0.15)−0.01 (0.14)
Thuringia  0.01 (0.16)−0.01 (0.15)
Independent variable
Misperception of entrepreneurship   0.42 (0.02)***
Model summary
R0.130.170.210.45
R20.020.030.040.20
Adjusted R20.020.020.030.19
Standard error of the estimate1.161.151.151.05
N = 2,027    

Note(s): ***p ≤ 0.001; **p ≤ 0.01; *p ≤ 0.05; †p ≤ 0.1

aDependent variable: failure reservations

bNo income declared as base

cNorth-Rhine Westphalia as base region

or Create an Account

Close subscription notice
Close access options