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. 2020 Sep 29;161:120337. doi: 10.1016/j.techfore.2020.120337

Table 3.

Robustness with alternative measurement of social media use (n = 18,858).

Model 1 Model 2 Model 3 Model 4 Model 5 Model 6
Offline social network Entrepreneurial entry
Social media use 0.066⁎⁎⁎ 0.110⁎⁎⁎ 0.105⁎⁎⁎ 0.111⁎⁎⁎ 0.111⁎⁎⁎ 0.106⁎⁎⁎
(0.008) (0.031) (0.031) (0.031) (0.031) (0.031)
Offline social network 0.081⁎⁎ 0.081⁎⁎
(0.035) (0.035)
Trust propensity -0.006 -0.004 -0.003
(0.020) (0.020) (0.020)
Social media use* Trust propensity -0.004 -0.004
(0.012) (0.012)
Gender -0.053⁎⁎⁎ 0.309⁎⁎⁎ 0.313⁎⁎⁎ 0.311⁎⁎⁎ 0.312⁎⁎⁎ 0.315⁎⁎⁎
(0.018) (0.081) (0.081) (0.081) (0.081) (0.081)
Age 0.002⁎⁎⁎ -0.032⁎⁎⁎ -0.032⁎⁎⁎ -0.032⁎⁎⁎ -0.032⁎⁎⁎ -0.032⁎⁎⁎
(0.001) (0.004) (0.004) (0.004) (0.004) (0.004)
Age squared -0.000⁎⁎⁎ -0.001⁎⁎⁎ -0.001⁎⁎⁎ -0.001⁎⁎⁎ -0.001⁎⁎⁎ -0.001⁎⁎⁎
(0.000) (0.000) (0.000) (0.000) (0.000) (0.000)
Educational level 0.171⁎⁎⁎ -0.576⁎⁎⁎ -0.591⁎⁎⁎ -0.573⁎⁎⁎ -0.570⁎⁎⁎ -0.585⁎⁎⁎
(0.023) (0.112) (0.112) (0.112) (0.113) (0.113)
Personal income 0.000⁎⁎⁎ 0.000⁎⁎⁎ 0.000⁎⁎⁎ 0.000⁎⁎⁎ 0.000⁎⁎⁎ 0.000⁎⁎⁎
(0.000) (0.000) (0.000) (0.000) (0.000) (0.000)
Family income 0.000⁎⁎⁎ 0.000 0.000 0.000 0.000 0.000
(0.000) (0.000) (0.000) (0.000) (0.000) (0.000)
Constant 7.259⁎⁎⁎ -1.492⁎⁎⁎ -2.078⁎⁎⁎ -1.486⁎⁎⁎ -1.493⁎⁎⁎ -2.080⁎⁎⁎
(0.045) (0.241) (0.349) (0.242) (0.242) (0.350)
Chi-square/F 86.78 247.69 253.28 247.79 247.89 253.46
Pseudo R-Square/R-squared 0.031 0.042 0.043 0.042 0.042 0.043
Log-likelihood/Adj R-squared 0.031 -2826.08 -2823.28 -2826.03 -2825.98 -2823.19

Notes: Standard errors in parentheses. The sample size n varies because less missing values on the alternative measurement. Social media use is measured with the item “How important is the internet as a communication path?” The answer is scored on a 1–5 scale from “very unimportant” to “very important”.

p < 0.10,

⁎⁎

p < 0.05,

⁎⁎⁎

p < 0.01