TABLE 2.

Discriminant validity analysis.

	AVE	OP	OC	PEE	NEE	EI
OP	0.785	0.886
OC	0.855	0.015	0.925
PEE	0.859	0.230**	−0.121*	0.927
NEE	0.812	0.052	0.236**	0.045	0.901
EI	0.870	0.211**	−0.217**	0.193**	−0.250**	0.933

N = 312. AVE, Average Variance Extracted. Diagonal elements (bold) are the square roots of AVE. Off-diagonal elements are correlations between constructs. OP, Optimism; OC, Overconfidence; PEE, Positive entrepreneurial emotion; NEE, Negative entrepreneurial emotion; EI, Entrepreneurship intention. **p < 0.01, *p < 0.05.