Dependent variable: time in months, quit	Model 3(ß)	exp(ß)	Model 4(ß)	exp 4(ß)
rural (yes=1)			0.051	1.052
			(0.124)	(0.124)
female (yes=1)			-0.057	0.944
			(0.115)	(0.115)
mon. external funding (yes=1)	0.194	1.214	0.192	1.212
	(0.111)	(0.111)	(0.111)	(0.111)
personal funding %	-0.001	0.999	-0.001	0.999
	(0.001)	(0.001)	(0.001)	(0.001)
household networth	0.000	1.000	0.000	1.000
	(0.000)	(0.000)	(0.000)	(0.000)
total funding invested	-0.000	1.000	-0.000	1.000
	(0.000)	(0.000)	(0.000)	(0.000)
educ. (1=community, or some college)	0.107	1.113	0.107	1.113
	(0.143)	(0.143)	(0.143)	(0.143)
educ. (2=college or some graduate training)	0.051	1.052	0.056	1.057
	(0.158)	(0.158)	(0.158)	(0.158)
educ. (3=master’s degree)	-0.161	0.851	-0.155	0.856
	(0.205)	(0.205)	(0.205)	(0.205)
educ. (4=ph.d. degree)	-0.026	0.974	-0.015	0.985
	(0.272)	(0.272)	(0.273)	(0.273)
industry exp. (years)	0.009**	1.009**	0.008**	1.008**
	(0.003)	(0.003)	(0.003)	(0.003)
start-up exp. (years)	0.011	1.011	0.011	1.011
	(0.008)	(0.008)	(0.008)	(0.008)
managerial exp. (years)	-0.005+	0.995+	-0.005+	0.995+
	(0.003)	(0.003)	(0.003)	(0.003)
bonding – social capital	0.096+	1.101+	0.097+	1.102+
	(0.052)	(0.052)	(0.052)	(0.052)
bridging – social capital	0.060	1.062	0.064+	1.066+
	(0.036)	(0.036)	(0.037)	(0.037)
team size	0.019	1.019	0.017	1.017
	(0.027)	(0.027)	(0.028)	(0.028)
growth asp. (“as large as possible” =1)	-0.141	0.868	-0.140	0.869
	(0.127)	(0.127)	(0.127)	(0.127)
type of business (=1, extractive sector)	-0.322	0.725	-0.342	0.710
	(0.280)	(0.280)	(0.283)	(0.283)
type of business (=2, transforming sector)	0.410**	1.506**	0.400**	1.491**
	(0.128)	(0.128)	(0.129)	(0.129)
type of business (=3, consum. oriented sector)	0.028	1.028	0.027	1.027
	(0.121)	(0.121)	(0.121)	(0.121)
type of business (=4, other sectors/na)	-0.889	0.411	-0.885	0.413
	(0.730)	(0.730)	(0.730)	(0.730)
conception lag	-0.021***	0.979***	-0.021***	0.980***
	(0.003)	(0.003)	(0.003)	(0.003)
LR Test	104.965***	(df = 20)	105.391***	(df = 22)
AIC	5127.8		5131.4