Table II

Regression results for entrepreneurial activity

Dependent variable: TEADependent variable: TEA opportunityDependent variable: TEA necessityDependent variable: TEA
Model 1Model 2Model 3Model 4Model 5Model 6
Coef.SECoef.SECoef.SECoef.SECoef.SECoef.SE
Charismatic/value-based leadership  22.8020**9.796128.8690***8.463914.9301**6.59217.3045**3.44082.643794.6457
Team-oriented leadership  −34.3159***12.069−36.3344***11.5369−22.2266**8.1216−11.7021**4.2391−80.02382.7582
Self-protective leadership  3.87787.375  1.57494.96292.25922.5904  
Participative leadership  2.18135.1523  2.15143.46711.22961.8097−2.349630.5188
Humane leadership  5.98164.4288  4.43322.98031.86721.5556119.4207**49.5153
Autonomous leadership  −9.2734***3.252−10.2160***3.0272−5.9846**2.1884−2.9291**1.142224.761784.6843
Autonomous leadership × charismatic          3.393324.4841
Autonomous leadership × team oriented          12.785221.3633
Autonomous leadership × participative          0.96067.8309
Autonomous leadership × humane          −28.7572**12.6296
Control variables
lnGDP-PPP−2.3838** −3.0539***0.8684861−2.8943***0.8687−1.8974***0.5844−1.1279***0.3051−2.5941***0.9224752
Corruption−4.3608*** −4.2091**1.915403−5.8361***1.2897−2.7164*1.2889−1.5549**0.6727−3.7395***1.6884
Constant79.6773*** 144.3422*69.18779174.3506***60.119887.2667*46.558647.6337*24.301625.4710***300.1459
F7.69 5.59 8 5.08 5.88 4.95 
Prob. >F0.0019 0.0004 0.0001 0.0008 0.0003 0.0007 
R20.3315 0.6414 0.5881 0.619 0.653 0.7124 
Adj. R20.2884 0.5267 0.5146 0.4971 0.542 0.5685 
Root MSE8.544 6.9683 7.0567 4.6892 2.4476 6.6531 

Notes: Coef.: coefficient. *p<0.10; **p<0.05; ***p<0.01

or Create an Account

Close Modal
Close Modal