Table II.

PCA results on EFC

CodeItemsGovtEducFinanceMktInfrastructure
cg2In my country …
The support for new and growing firms is a high priority for policy at the national government level
0.684    
cg3The support for new and growing firms is a high priority for policy at the local government level0.672    
cp3There are an adequate number of government programs for new and growing businesses0.574    
cg1Government policies (e.g. public procurement) consistently favor new firms0.555    
ce2Teaching in primary and secondary education provides adequate instruction in market economic principles 0.773   
ce3Teaching in primary and secondary education provides adequate attention to entrepreneurship and new firm creation 0.758   
ce1Teaching in primary and secondary education encourages creativity, self-sufficiency and personal initiative 0.679   
ce4Colleges and universities provide good and adequate preparation for starting up and growing new firms 0.646   
cf1There is sufficient equity funding available for new and growing firms  0.786  
cf3There are sufficient government subsidies available for new and growing firms  0.603  
cf5There is sufficient venture capitalist funding available for new and growing firms  0.515  
cm4The new and growing firms can afford the cost of market entry   0.735 
cm3New and growing firms can easily enter new markets   0.706 
ci3A new or growing firm can get good access to communications (telephone, internet, etc.) in about a week    0.732
ci2It is not too expensive for a new or growing firm to get good access to communications (phone, internet, etc.)    0.709
ci5New or growing firms can get good access to utilities (gas, water, electricity and sewer) in about a month    0.5
Total variance explained
Percent30.6610.289.57.56.5
Cum percent30.6640.9450.457.964.4
Eigen value4.91.61.51.21
Scale reliability analysis
Cronbach’s alpha0.7680.7850.7140.7000.600

Notes:

Kaiser–Meyer–Olkin measure of sampling adequacy = 0.838.

Bartlett’s test for sphericity = 1,934.08; and significance level = 0.000

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