Table 2 Factor analysis, reliability and... | Emerald Publishing

Table 2

Factor analysis, reliability and validity of Constructs (SM, BA, IoT, MA)

Factors	Items	Factor loading	Cronbach	KMO	Composite reliability	Average factor loading*	AVE**	Corr mat sqr
Smart Manufacturing (SM)	SM1	0.81	0.84	0.83	0.89	0.78	0.62	0.019
	SM2	0.85
	SM3	0.77
	SM4	0.72
	SM5	0.77
Internet of Things (IoT)	IoT6	0.81	0.89	0.88	0.92	0.84	0.72	0.004
	IoT7	0.83
	IoT8	0.86
	IoT9	0.84
	IoT10	0.85
Marketing Analytics (MA)	MA11	0.72	0.85	0.86	0.89	0.75	0.58	0.01
	MA12	0.77
	MA13	0.80
	MA14	0.74
	MA15	0.79
	MA16	0.68
Business Agility (BA)	BA17	0.76	0.75	0.74	0.84	0.75	0.57	0.16
	BA18	0.77
	BA19	0.78
	BA20	0.71

Factors	Items	Factor loading	Cronbach	KMO	Composite reliability	Average factor loading*	AVE**	Corr mat sqr
Smart Manufacturing (SM)	SM1	0.81	0.84	0.83	0.89	0.78	0.62	0.019
	SM2	0.85
	SM3	0.77
	SM4	0.72
	SM5	0.77
Internet of Things (IoT)	IoT6	0.81	0.89	0.88	0.92	0.84	0.72	0.004
	IoT7	0.83
	IoT8	0.86
	IoT9	0.84
	IoT10	0.85
Marketing Analytics (MA)	MA11	0.72	0.85	0.86	0.89	0.75	0.58	0.01
	MA12	0.77
	MA13	0.80
	MA14	0.74
	MA15	0.79
	MA16	0.68
Business Agility (BA)	BA17	0.76	0.75	0.74	0.84	0.75	0.57	0.16
	BA18	0.77
	BA19	0.78
	BA20	0.71

Note(s): *Average factor loading >0.7, convergent validity established

**Average Variance Extracted (AVE) > Correlation matrix squared; discriminant validity established

Source(s): Authors’ own work