Table 1

Descriptive statistics

VariableObsMeanStd. dev.MinMax
Management structure1880.7800.4150.0001.000
Strategic focus1880.4970.5010.0001.000
Management structure*Strategic focus1880.3810.4860.0001.000
Exit rate1880.1300.1400.0000.500
Survival rate1880.8840.2680.0001.000
Ecosystem maturity1880.1620.3690.0001.000
Duration1882.7450.5251.0054.564
Age1881.9890.6131.6033.091
USA1880.3310.4550.0001.000
Europe1880.3780.4830.0001.000
Rest of the world1880.2910.4730.0001.000
Stage of development1880.4390.4970.0001.000
Size1882.1250.7911.0008.000
Source(s): Table by authors

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