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

Journal of Innovation and Entrepreneurship

A Systems View Across Time and Space

Table 4 Regression: Level of financial knowledge acquisition

Variables		Model 1		Model 2
Variables		Beta	t value	Beta	t value
Control
1	Age	− 0.082	− 1.324	− 0.091	− 1.528
2	Education level	− 0.006	− 0.237	− 0.009	− 0.361
3	Background education in business management	0.019	0.149	0.058	0.467
4	Number of year of experiences	− 0.072	− 1.615	− 0.065	− 1.527
5	Prior experience in the industry	0.154	1.714	0.279	3.001**
6	Responsibility on financial management	− 0.165	− 1.385	− 0.038	− 0.321
7	Responsibility on record keeping and accounting	− 0.041	− 0.124	− 0.055	− 0.506
Independent
8	Level of exiting financial knowledge			− 0.734	− 0.372**
	Model’s R²		0.068		0.142**
	Adjusted R²		0.028		0.099**
	Change in R²		0.068		0.074**