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A Systems View Across Time and Space

Table 5 Relationship between Greenfield investment and entrepreneurship during crisis

From: The impact of Greenfield investment on domestic entrepreneurship

 

Tea

Opportunity

Necessity

 

(1)

Random

(2)

Fixed

(4)

Random

(5)

Fixed

(7)

Random

(8)

Fixed

Lngreen

−0.03

(0.22)

0.14

(0.23)

0.07

(0.16)

0.24

(0.18)

-0.06

(0.10)

0.02

(0.13)

Gdpcapita

−2.50***

(0.85)

5.80**

(2.46)

−1.10*

(0.62)

5.27***

(1.86)

−1.07***

(0.33)

0.80

(1.42)

Gdpgrowth

−0.15**

(0.07)

-0.02

(0.07)

−0.11**

(0.05)

−0.01

(0.05)

−0.06

(0.04)

−0.04

(0.04)

Fof

−0.002

(0.04)

−0.08*

(0.04)

0.01

(0.03)

−0.05

(0.03)

−0.01

(0.02)

−0.03

(0.02)

Ei

0.10*

(0.06)

−0.09

(0.06)

0.07*

(0.04)

−0.06

(0.05)

0.06**

(0.02)

−0.05

(0.04)

Constant

33.36***

(8.41)

 

15.75**

(6.16)

 

13.15***

(3.41)

 

R-squared

0.39

0.37

0.27

0.44

0.50

0.24

F statistic

41.86***

2.78**

23.45***

3.76**

63.97***

1.51

Observations

73

73

71

71

71

71

  1. Note: *p < 0.1; **p < 0.05; ***p < 0.01