Table  3
Results of Multiple Regression Analysis 
Comparison of New Ventures (n = 55) and Mature Firms (n = 49)
Perceived Strategic Uncertainty by Environmental Sectors
Technology
Competitive
Customers
Suppliers
Political
Economic
Social
New
Old
New
Old
New
Old
New 
Old
New
Old
New 
Old
New
Old
Number of 
Employees (log)
-0.00
1.16
-0.01
-9.05
0.67
0.34
1.16
1.58
-0.68
-0.25 
-1.20
-1.71
1.58
1.25
Firm Age (log)
-3.14
-21.51*
-3.56
-2.12
-4.87
-2.52
-11.22*
-9.54
1.56
2.11
2.97
-6.65
-0.39
0.53
Frequency of Scanning within 
Sector
10.75***
9.47***
4.73*
10.76***
4.24**
6.0***
5.80***
5.69***
2.86**
8.89***
6.04***
4.81***
8.42***
1.41
Use of Personal 
Information Sources
3.18**
1.37
3.76*
2.97
0.84
1.56
5.90***
-0.84
-0.53
3.50
1.30
1.11
-0.28
-2.25
Use of Impersonal 
Information Sources
-2.89**
-0.88
-1.66
-2.91
-1.25
-2.85
-3.72*
-2.10
1.91
-4.46
-2.12
-2.45
-0.98
1.58
Use of External 
Information Sources
4.35***
2.92
3.65*
5.21*
4.59***
8.41***
0.91
6.38**
-0.61
3.82
2.72
4.51*
0.21
3.67
Use of Internal 
Information Sources
-4.04**
2.10
-0.34
2.31
1.86
3.80*
-1.85
7.98***
-1.37
1.16
-0.73
6.24***
-0.28
4.07*
Adj. R2
.62***
.42***
    
.35***
.38***
.26***
.50***
.06
.30***
.31***
.37***
.47***
.17*

*p < .05; **p < .01; *** p < .001