The image below displays two models. The first is the original model, based on which the survey questions were developed (the questions in the survey that you have completed today). The second one is a revised model — this model is revised based on your survey answers.
If you look at the revised model, some hypotheses were not confirmed (where arrows are lacking). Help us understand why. Would you explain why these hypotheses were not confirmed?
Again, if you look at the revised model, new hypotheses have emerged. Can you explain why these new hypotheses have emerged?
In your view, is there any variables that are absent in the revised model? What kind of additional hypotheses can be tested in the future? Would you explain?
Please write your answers in the comment field at the bottom of this page.
Original Hypothesis (H) as in Forlani and Mullins (2000, 2005)
H1. The greater the variability in predicted outcomes of a proposed new venture, the greater will be its perceived risk.
H2. The greater the magnitude of a proposed new venture’s largest potential loss, the greater will be its perceived risk.
H3. The greater the perceived risk of a proposed new venture, the less likely it will receive funding.
H4. The greater the anticipated venture returns of a proposed new venture, the more likely it will receive funding.
H5. The greater the risk propensity of the decision maker, the more likely he or she will be to invest in new ventures having higher levels of risk.