Table 3.

Pearson's correlation matrix.

	Mean	SD	1	2	3	4	5	6	7	8	9	10
1. Entrepreneurial experience	1.36	0.53	1
2. Industry category	3.03	0.63	−0.112	1
3. Firm age	4.56	0.46	0.187	−0.302*	1
4. Firm size	3.78	0.78	0.235*	−0.231	0.511**	1
5. Heterogeneous network	3.83	0.58	0.462	0.293**	0.451	0.356**	1
6. Homogeneous network	3.67	0.62	−0.230	−0.142	0.269**	0.220**	0.245*	1
7. Non-linear DM	4.21	0.59	−0.324**	0.453	0.086	0.187	0.584**	0.342**	1
8. Linear DM	4.06	0.66	0.163**	0.244	0.077**	0.324	0.230	0.287**	0.263*	1
9. Innovative opportunity	3.29	0.77	0.422**	0.309**	0.178*	0.077	0.496**	0.362**	0.568**	0.526**	1
10. Imitative opportunity	3.86	0.62	0.313**	0.183	0.201	0.181**	0.351**	0.473**	0.320**	0.653**	0.306*	1

^{* and **}denote significance at the 5 and 1% levels, respectively.