Education, Training and Networking for Entrepreneurship in ...

Table 12.6
Linear regression of growth-expectations of starters and owner-managers
Starters and owner-managers in Denmark 2003-08
Starters
Owner-managers
Standardized Probability- Standardized Probabilitycoefficient
value coefficient value
Medium higher education 0,10 0,12 two-tailed - 0,05 0,03 one-tailed
Short higher education 0,04 0,55 two-tailed - 0,05 0,03 one-tailed
Vocational education 0,0 - 0,09 0,002 one-tailed
Neither voc nor hi ed 0,0 - 0,07 0,01 one-tailed
Competency 0,12 0,01 one-tailed 0,08 0,001 one-tailed
Age (logarithmic) - 0,02 0,39 one-tailed - 0,08 0,002 one-tailed
Gender(female 0, male 1) 0,16 0,001 one-tailed 0,07 0,003 one-tailed
Firm age (logarithmic)
- 0,23 0,0001 one-tailed
Training * 0,05 0,42 one-tailed 0,01 0,48 one-tailed
Network size * 0,24 0,18 one-tailed 0,06 0,27 one-tailed
R 2 0,05 0,09
N 361 1.448
* Estimated on 2008 data
Notes to Chapter 12
Figure 12.2 is based on the regression of ownermanagers
in Table 12.6. For the regression in
the left side of Table 12.6, the unit of analysis is
a starter, and the sample is the starters identified
in our surveys of adults in 2003-08. For the
regression on the right side of Table 12.6, the
unit of analysis is an owner-manager, and the
sample is the owner-managers identified in our
surveys of adults in 2003-08. I analyze starters
and owner-managers separately because they
differ greatly in their growth-expectations, the
dependent variable. I regressed on the independent
variables except training and network
size using the data from 2003-08, and I regressed
on the independent variables including
training and network size from 2008 (because
training and network size was measured only in
2008, when the samples of starters and ownermanagers
were small, so small that the coefficients
could hardly be statistically significant).
The regression using the data from 2003-08 is
shown in Table 12.6. The estimated effects of
training and network size using the data from
2008 are also shown, marked by an asterix.
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