A Systems View Across Time and Space
Table 1 Description of variables
From: An investigation into entrepreneurial intentions in Caribbean Small Island Developing States
Variable | Description |
|---|---|
Entrepreneurial intention | Dummy variable taking the value 1 if respondent is alone or with others, expecting to start a new business, including any type of self-employment, within the next three years and 0 otherwise |
Age | Variable taking the value 1 if respondent is 18–24 years, 2 for 25–34 years, 3 for 35–44 years, 4 for 45–54 years, 5 for 55–64 years, and 6 for more than 65 years |
Gender | Dummy variable taking the value 0 for male and 1 for female |
Education | Variable taking the value 1 if respondent has no education, 2 for primary school education, 3 for lower secondary school education, 4 for upper secondary school education, 5 for post-secondary/non-tertiary education, 6 for undergraduate tertiary education, and 7 for post-graduate tertiary education |
Employment status | Variable taking the value 1 for full time employment, 2 for part time employment, and 3 for retired or student |
Household income | Categorical variable taking the value 1 for respondent in low-income household, 2 for middle-income household, and 3 for high-income household |
Role model | Dummy variable taking the value 1 if respondent personally knew someone who started a business in the 2 years preceding the survey and 0 otherwise |
Self-confidence | Dummy variable taking the value 1 if respondent believed they had the required skills and knowledge to start a business and 0 otherwise |
Risk aversion | Dummy variable taking the value 1 if respondent believed fear of failure would prevent them from setting up a business and 0 otherwise |
Entrepreneurial opportunity | Dummy variable taking the value 1 if respondent stated they thought there would be good opportunities to start a firm in the area where they live in the next six months and 0 otherwise |
Career choice | Dummy variable taking the value 1 if respondent believed that in their country most people consider starting a new business as a desirable career choice and 0 otherwise |
Respect | Dummy variable taking the value 1 if respondent agreed that persons successful at starting a new business have a high level of status and respect in their country and 0 otherwise |
Public media | Dummy variable taking the value 1 if respondent agreed that they often see stories in the public media about successful new businesses in their country and 0 otherwise |