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Journal of Innovation and Entrepreneurship

A Systems View Across Time and Space

Table 4 Correlation analysis of factors impacting start-up survival after 5 years (N = 41)

From: A note on the effects of start-up competitions: experience from the Czech Business Plan Contest “Idea of the Year”

Variable

Correlation coefficient

Number of founders

− 0.06

At least one founder has a university degree (BSc./MSc./MBA or equivalent)

0.06

Limited liabilities company

0.22

Joint stock company

0.11

Self-employed

− 0.22

Non-profit organization

0.05

Hradec Kralove Region

− 0.48*

Advertising agencies

− 0.33*

  1. Source: Own calculations based on Bisnode’s (2021) and Idea of the Year (2021) data
  2. *Denominates statistical significance at 10%. Regional and sectoral correlation coefficients are included only if statistically significant for parsimonious reasons
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