$5\mathrm{.}1$ Title for the Study

"Examining the Influence of Venture Failure Experience and Entrepreneurial Learning on Subsequent New Venture Performance in South Africa"

$5\mathrm{.}2$ Research Paradigm and Research Design

Research Paradigm: The study likely follows a positivist paradigm, aiming to quantify the impact of variables $($venture failure experience, entrepreneurial learning$)$ on new venture performance objectively through empirical data analysis.

Research Design: The research design appears to be longitudinal, involving the examination of data from the same set of entrepreneurs over time to establish relationships between venture failure experience, entrepreneurial learning, and new venture performance.

$5\mathrm{.}3$ Independent and Dependent Variables

Independent Variables $($IV$)$:

Venture Failure Experience $($Measured at the interval level$)$

Entrepreneurial Failure Learning $($Measured at the interval level$)$

Dependent Variable $($DV$)$:

New Venture Performance $($Measured at the interval level$)$

$5\mathrm{.}4$ Null and Alternative Hypotheses

Null Hypotheses $($H$0)$:

There is no significant relationship between venture failure experience, entrepreneurial failure learning, and new venture performance.

The coefficients of venture failure experience and entrepreneurial failure learning are zero in predicting new venture performance.

Alternative Hypotheses $($H$1)$:

There is a significant relationship between venture failure experience, entrepreneurial failure learning, and new venture performance.

The coefficients of venture failure experience and entrepreneurial failure learning are not zero in predicting new venture performance.

$5\mathrm{.}5$ Interpretation of Statistical Output $($Figures II & III$)$

Regression Model Summary $($Figure II$)$:

R$-$Square: The model explains $49\mathrm{.}5\%$ of the variance in new venture performance, indicating that almost half of the variation in new venture performance is accounted for by venture failure experience and entrepreneurial failure learning.

ANOVA Results $($Figure III$)$:

Significance: The overall model is significant $($p $<0\mathrm{.}001),$ indicating that at least one of the predictors significantly contributes to predicting new venture performance.

$5\mathrm{.}6$ Linear Regression Equation for the Model

The linear regression equation based on the coefficients from Figure IV would be:

New Venture Performance

$=$

$3\mathrm{.}187$

$+$

$2\mathrm{.}417$

$\backslash$times

Venture Failure Experience

$+$

$2\mathrm{.}574$

$\backslash$times

Entrepreneurial Failure Learning

New Venture Performance$=3\mathrm{.}187+2\mathrm{.}417\backslash$times Venture Failure Experience$+2\mathrm{.}574\backslash$times Entrepreneurial Failure Learning