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A Systems View Across Time and Space

Table 3 Results of the conjoint analysis

From: When venture capitalists are attracted by the experienced

Attribute

Level

Part-worth

SD

Relative importance (%)

Industry experience of the entrepreneurs

High

25.467

21.339

19.24

Moderate

− 1.021

12.871

Low

− 24.447

21.63

Startup experience of the entrepreneurs

High

8.097

17.462

12.60

Moderate

4.982

12.147

Low

− 13.079

14.058

Educational background of entrepreneurs (degree and university prestige)

High

18.355

19.988

22.44

 

16.266

22.481

 

− 21.727

20.606

Low

− 12.894

22.442

Managerial experience of the entrepreneurs

High

7.503

8.125

6.49

Low

− 7.503

8.125

Entrepreneurs' experience in attracting investments

High

9.068

15.538

11.64

Moderate

− 1.445

13.454

Low

− 7.622

15.769

Newness of product

High

0.629

21.242

14.04

Moderate

9.506

13.479

Low

− 10.135

19.478

Completeness of product

High

− 17.332

17.365

13.55

Low

17.332

17.365

    

100

  1. SD Standard deviation