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A Systems View Across Time and Space

Table 3 Descprictive statistics a

From: Medium term effects of culture, transactions and institutions on opportunity entrepreneurship

Variables/Statistics

N

Median

Mean

St. Dev.

Min

Max

Opportunity entrepreneurship

42

4.185

4.121

0.41

3.20

4.90

Performance orientation

42

3.915

3.873

0.52

2.85

5.07

Future orientation

42

3.433

3.423

0.35

2.50

4.08

Gender egalitarianism

42

4.110

4.111

0.35

3.38

4.79

Assertiveness

42

4.295

4.294

0.46

3.25

5.22

Institutional collectivism

42

5.295

5.035

0.76

3.53

6.36

In-group collectivism

42

5.180

5.158

0.39

3.89

5.64

Power distance

42

3.950

4.038

0.47

3.29

5.12

Human orientation

42

4.160

4.215

0.63

2.88

5.32

Uncertainty avoidance

42

79.226

76.730

8.70

58.18

89.29

Composite risk

42

32.000

43.583

39.30

2.00

159.50

Starting a business

42

4.107

4.104

2.48

0.34

7.91

Corruption perceptions index

41

98.900

95.717

5.82

66.00

99.70

Literacy rate

42

63.636

62.996

20.77

10.00

90.00

Property rights

42

0.615

0.638

0.22

0.27

0.95

Rule of law

41

1.360

2.086

1.54

1.00

7.00

Birth rate

42

10.875

13.489

5.05

7.42

26.01

Patents

42

4.185

4.121

0.41

3.20

4.90

  1. aThe 42 countries in the sample constitute 90.44% of global GDP in 2007 (IMF Database). The countries are: Argentina, Australia, Austria, Brazil, Canada, China, Colombia, Denmark, Ecuador, Finland, France, Germany, Greece, Hong Kong, Hungary, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Philippines, Poland, Portugal, the Russian Federation, Singapore, Slovenia, South Africa, South Korea, Spain, Sweden, Switzerland, Taiwan, Thailand, Turkey, the United Kingdom, USA, and Venezuela.