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Journal of Innovation and Entrepreneurship

A Systems View Across Time and Space

Table 3 Pearson correlation analysis

From: The need for financial knowledge acquisition tools and technology by small business entrepreneurs

   Mean S.D. 1 2 3 4 5 6 7 8 9 10 11 12 13 14
Dependent variable
1 Level of need for KA tools 3.625 0.690               
Control variables
2 Age   − 0.118 − 0.118              
3 Education level   0.050 − 0.050 0.168*             
4 Background education in business management   0.123 0.123 − 0.053 − 0.088            
5 Number of year of experiences   − 0.123 − 0.123 0.315** − 0.027 0.064           
6 Prior experiences   0.211** 0.211** − 0.090 − 0.067 0.227** − 0.022          
7 Responsibility on financial management   0.015 0.015 − 0.063 − 0.129 0.439** − 0.002 0.101         
8 Responsibility on accounting   − 0.149 − 0.149 − 0.106 − 0.072 0.008 0.002 0.077 0.104        
Independent variables
9 Level of exiting financial knowledge 1.866 0.277 0.151* − 0.075 − 0.090 0.290** 0.023 0.385** 0.351** − 0.024       
10 Level of financial knowledge acquisition for financing 3.3645 0.733 0.466** − 0.065 − 0.044 0.081 − 0.100 0.178* 0.020 0.035 0.036      
11 Level of financial knowledge acquisition for record keeping and accounting 3.4211 0.814 0.339** − 0.137 − 0.074 − 0.068 − 0.131 0.143 − 0.123 0.040 − 0.225** 0.641**     
12 Level of financial knowledge acquisition for cash management 3.3528 0.776 0.402** − 0.196* 0.035 − 0.003 − 0.140 0.125 − 0.049 0.060 − 0.216** 0.633** 0.676**    
13 Level of financial knowledge acquisition for cost calculation 3.4571 0.717 0.464** − 0.167* − 0.073 0.012 − 0.072 0.137 − 0.056 − 0.037 − 0.156* 0.537** 0.646** 0.755**   
14 Level of financial knowledge acquisition for business planning 3.3782 0.762 0.442** − 0.090 0.043 − 0.009 − 0.187* 0.047 − 0.137 − 0.106 − 0.231** 0.539** 0.668** 0.699** 0.717** ``
15 Level of financial knowledge acquisition for feasibility study 3.4464 0.764 0.378** − 0.138 − 0.031 − 0.050 − 0.203** 0.072 − 0.102 0.006 − 0.270** 0.598** 0.627** 0.703** 0.699** 0.737**
  1. S.D. standard deviation
  2. *P < .05
  3. **P < .05
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