Once an entrepreneur, always an entrepreneur? The impacts of skills developed before, during and after college on firm start-ups

Table 8 Logit model of early and lifetime entrepreneurial entry with additional controls for risk aversion

Dependent variable	Entrepreneurship within 5 years of graduation ^a			Lifetime entrepreneurial entry ^a
AC_SPEC	−0.0007**	−0.0006**	−0.0005*	−0.0003	−0.0006	−0.0002
	(−2.23)	(−2.04)	(−1.91)	(−0.63)	(−1.36)	(−0.59)
AVGOCCUP	0.0081**	0.0045	0.0022	0.1336***	0.2468***	0.1730***
	(2.21)	(1.19)	(0.61)	(5.87)	(7.06)	(6.02)
AVGIND	0.0069*	0.0067*	0.0101**	0.2094***	0.1223***	0.1756***
	(1.79)	(1.87)	(2.60)	(7.52)	(5.91)	(6.37)
Doing things differently	0.0036	0.0036	0.003	0.0178**	0.0132*	0.0153**
	(0.85)	(0.91)	(0.85)	(2.29)	(1.65)	(2.10)
Industries ever worked in	Yes	No	Yes	Yes	No	Yes
Occupations even held	No	Yes	Yes	No	Yes	Yes

Note: Coefficients have been converted into marginal effects. Numbers in the parenthesis are absolute value of t-statistics. *, ** and ***represent statistical significance at 10%, 5% and 1% respectively. We also include number of extra-curricular activities and other variables as shown in Table 3. Binary industry variables and occupations are shown in the Additional file 1: Table S1.
^aThe dependent variables are adjusted entrepreneurship, defined as a binary variable, equal to one if an entrepreneur is still working in the businesses he started and equal to zero if an entrepreneur has never started a business within five or twenty-five years after graduating from ISU.