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Explain the Resource-Based Views in Light of Their Effect on Entrepreneurial

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Essay

Explain the resource-based views in light of their effect on entrepreneurial success.


Definitions:

Interaction Effects

Occurs when the effect of one independent variable on the dependent variable differs across the levels of another independent variable.

Two-Factor Research Design

An experimental layout that involves two independent variables to study their effects and interaction on a dependent variable.

Independent Variable

A variable often denoted as 'X' whose variation does not depend on that of another and is manipulated to observe its effect on a dependent variable.

Levels

The different values or categories of a factor in an experiment.

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