Table 7 Results of the hypothesis tests
From: Determinants for the success of regional ICT ventures: a close examination of South Korea
Hypothesis | Path coefficient | Standard error | Critical ratio | Supported |
|---|---|---|---|---|
H1. Innovation effort → Economic performance | 0.243*** | 0.062 | 3.408 | Yes |
H2. Innovation effort → Job creation | 0.225** | 0.089 | 3.214 | Yes |
H3. Private equity and support services → Economic performance | 0.144* | 0.057 | 1.917 | Yes |
H4. Private equity and support services → Job creation | 0.096 | 0.082 | 1.309 | No |
H5. Government support → Economic performance | 0.329*** | 0.074 | 3.991 | Yes |
H6. Government support → Job creation | 0.284*** | 0.052 | 4.495 | Yes |