Table IV

Descriptive statistics and correlations

VariablesMeanSD12345678
(1) Entrepreneur gender0.510.50        
(2) Entrepreneur age49.0313.18−0.04       
(3) Entrepreneur education4.251.47−0.22**0.15      
(4) Entrepreneur ethnicity0.490.500.02−0.40****−0.04     
(5) Company sales (log10)4.781.26−0.33****0.040.14−0.20**    
(6) Company size1.990.80−0.24**−0.18*0.11−0.150.43****   
(7) Emotional carrying capacity4.070.580.24**−0.07−0.09−0.010.000.17*  
(8) Network ethnic diversity0.240.25−0.09−0.32**0.020.43****−0.070.18*−0.20** 
(9) Entrepreneur self-efficacy4.220.570.03−0.24**0.000.19**0.120.26***0.45****0.26***

Notes: n=110. *p<0.1; **p<0.05; ***p<0.01; ****p<0.001

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