Table 2
Logistic Regression of Likelihood of Entrepreneurship by Financial and Human Capital Variables, (Survey of Entrepreneurial Dynamics, 1999)ª

 Model 1
(Standard Error)

 Model 2
(Standard Error)

  Model 3 (Standard Error)

Constant

.90**

  (.17)

-1.74**

 (.66)

1.96**

 (.69)

Income (logged and scaled)

.04*

  (.02)

—

 .02

  (.02)

Net Worth (logged/scaled)

-.01

  (.00)

—

 -.00

   (.00)

Home Ownership

 -.20

  (.15)

—

  -.16

  (.17)

Some College

—

 .61**

 (.20)

  .66**

  .66*

College Graduate

—

 .70**

 (.22)

.68**

  (.23)

Technical School

—

 .32

 (.33)

  (.36)

  (.35)

Grad Work

—

.69**

 (.24)

  .68*

  (.25)

Married

—

 -.07

 (.15)

-.03

  (.16)

Parental Self-Employment

—

 .15

 (.15)

 .17

  (.15)

Age

—

 .11**

 (.03)

  .12**

  (.03)

Age Squared

—

 -.00**

 (.00)

-.00**

   (.00)

Currently Self-Employed

—

1.47**

 (.15)

 1.50**

  (.16)

Black

  -.42**

  (.15)

 -.47**

 (.17)

  -.47**

  (.18)

Hispanic

  -.94**

  (.21)

 -.86**

 (.23)

  -.90**

  (.24)

Other Ethnic Groups

 -.24

  (.33)

 -.23

 (.35)

  -.25

  (.36)

Female

 -.58**

  (.13)

 -.58**

 (.14)

-.59**

  (.15)