Table 2 Results of logistic regression analyses
Sample | Control of the year of founding since 1990 | |||
|---|---|---|---|---|
Wald | B | Wald | B | |
Intercept | 8.526 | 1.470*** | 14.882 | 2.724*** |
Independent variables | ||||
Entrepreneur’s age | 8.356 | –.037*** | 6.431 | –.044** |
Functional background | 47.413 | 1.375*** | 10.073 | .807*** |
Level of education | 5.698 | –.465** | 12.604 | –.881*** |
Former executive leadership experience | 10.419 | –.607*** | 10.158 | –.809*** |
−2log likelihood = 717.814, Cox & Snell R 2 = 0.155 | −2log likelihood = 416.510, Cox & Snell R 2 = 0.134 | |||