Table 2

Descriptive and correlations for individual- and country-level variables

MeanStd. Dev.(1)(2)(3)(4)(5)
Individual-level correlations
(1)Early-Stage Entrepreneurship0.070.251    
(2)Age41.9112.93−0.061   
(3)Income2.200.800.05−0.031  
(4)Education2.201.010.04−0.100.281 
(5)Gender0.480.490.07−0.030.090.011
MeanStd. Dev.(1)(2)(3)(4)(5)(6)
Country-level correlations
(1)Early-stage entrepreneurship0.070.251     
(2)Log GDP PPP9.990.80−0.081    
(3)GDP growth rate0.523.900.08−0.411   
(4)Population size17.321.570.04−0.360.351  
(5)Social costs of failure−0.151.11−0.060.45−0.14−0.21 
(6)Gender equality0.720.04−0.030.59−0.24−0.360.041

Note(s): All significant at 0.05 level

Source(s): Table by authors

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