Tests of Hypotheses Clause Samples

Tests of Hypotheses. Table 5 models new venture survival and reports the results of the hypothesis testing. The initial model provides a baseline test of the core industry, firm, and team effects of interest (H1- H5). These core tests are thus repeated as the business model interactions associated with each of the sub-hypotheses are introduced in Models 2-11. Separate models for each interaction sub- hypotheses were run to address concerns with multicollinearity. Because the reported results are based on a ▇▇▇ hazards regression, the z-score coefficients are in the opposite direction of what would be reported in standard regressions; this is because negative coefficients correspond with a reduced hazard rate (or a positive effect on venture survival) and positive coefficients correspond with an increased hazard rate (or a negative effect on venture survival).