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References

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TABLE 1

Basic statistics of the empirical sample - continuous variables

TABLE 2

Basic statistics of the empirical sample - nominal and ordinal variables

TABLE 3

Multiple regression model with conviction as dependent variable

(backward elimination)

Multiple R 0.62738 R Square 0.39360

F = 72.89139 Signif F = .0000

TABLE 4

Multiple regression model with intention as dependent variable

(backward elimination)

Multiple R 0.47070 R Square 0.22155

F = 38.17352 Signif F = .0000

TABLE 5

Robustness check for conviction as dependent variable. Only statistically

significant influences are shown

TABLE 6

Robustness check with short-term intent as dependent variable. Only statistically

significant influences are shown

Appendix 1: constructs

(Only statements eventually used in constructs are shown)

Image-Payoff (a = 0.39)

Entrepreneurs are highly educated

People who start new firms provide a valuable contribution to the economic prosperity of their country

If I would start my own firm, I would be more respected by my friends and colleagues

Entrepreneurs are more likely to succeed than people working in other professions

Entrepreneurs have to work harder for their income than people working in other professions (rev)

Conviction (a = 0.75)

I am confident that I would succeed if I started my own firm

It would be easy for me to start my own firm

To start my own firm would probably be the best way for me to take advantage of my education

I have the skills and capabilities required to succeed as an entrepreneur

Competitiveness (a = 0.53)

I work harder in situations where my performance is compared against that of others

Winning is important in both work and game

It annoys me when other people perform better than I do

Competition is good, since it keeps you alert and more focused on your goals

Autonomy (a = 0.55)

Working for an established employer is more important for me than freedom to pursue my own ideas

I prefer employment security, even if I would have less autonomy

Achievement (a = 0.61)

I like to take initiative, and make things happen, even if this would mean greater stress and longer working hours

I am always trying to accomplish new things, to do better than the average

Money (a = 0.64)

If you have a high income, that is a sign that you have had success in your life

It is important for me to make a lot of money

Money is important, since it gives you freedom

Change (a = 0.49)

I find working in stable and routinized environments boring

I need constant change to remain stimulated, even if this would mean higher uncertainty

When a change occurs, it is more important to consider first the opportunities opened, not the threats caused by it

University environment (a = 0.67)

I know many people in my university who have successfully started up their own firm

In my university, people are actively encouraged to pursue their own ideas

In my university, you get to meet lots of people with good ideas for a new firm

The course in my university prepare people well for entrepreneurial career

The university has a clear policy regarding the intellectual ownership of ideas developed during research or studies

There is a well functioning support infrastructure in place to support the start-up of new firms

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