Table 3 
Results of Linear Regression Analysis, Standardized Beta and R2
Variables
Employees 1997 (log)
Sales 1997 (log)
Perceived Profit
 
Model 1
Model 2
Model 1
Model 2
Model 1
Model 2
Unemployment       .150***      .042     .126***     .019      .179***     .070*
Independence       .161***      .073***     .132***     .037      .182***     .103***
Money     -.030     -.040     -.010     -.030      .033     .015
Idea     .052      .027     -.012     -.026      .028     .009
Market       .050*     -.011     .068***     -.003      .061*     .015
Sales 1994        .521***       .616***       .487***
Male       -.096***       -.039       .044
Female       -.106***       .011       .061
Parallel start-up        .035*       .028*       .014
Incorporated        .089***       .130***       -.030
Start-up experience        .035*       .045***       -.015
Start-up education        .004       -.018       -.026
Immigrant        .006       -.001       -.011
Start-up grant        .085***       .059***       .073***
Standardized R2      .028      .391     .025     .549      .030     .258

Note: *= p<0.01; **= p<0.001; ***= p<0.0005