PCA results on EFC
| Code | Items | Govt | Educ | Finance | Mkt | Infrastructure |
|---|---|---|---|---|---|---|
| cg2 | In my country … The support for new and growing firms is a high priority for policy at the national government level | 0.684 | ||||
| cg3 | The support for new and growing firms is a high priority for policy at the local government level | 0.672 | ||||
| cp3 | There are an adequate number of government programs for new and growing businesses | 0.574 | ||||
| cg1 | Government policies (e.g. public procurement) consistently favor new firms | 0.555 | ||||
| ce2 | Teaching in primary and secondary education provides adequate instruction in market economic principles | 0.773 | ||||
| ce3 | Teaching in primary and secondary education provides adequate attention to entrepreneurship and new firm creation | 0.758 | ||||
| ce1 | Teaching in primary and secondary education encourages creativity, self-sufficiency and personal initiative | 0.679 | ||||
| ce4 | Colleges and universities provide good and adequate preparation for starting up and growing new firms | 0.646 | ||||
| cf1 | There is sufficient equity funding available for new and growing firms | 0.786 | ||||
| cf3 | There are sufficient government subsidies available for new and growing firms | 0.603 | ||||
| cf5 | There is sufficient venture capitalist funding available for new and growing firms | 0.515 | ||||
| cm4 | The new and growing firms can afford the cost of market entry | 0.735 | ||||
| cm3 | New and growing firms can easily enter new markets | 0.706 | ||||
| ci3 | A new or growing firm can get good access to communications (telephone, internet, etc.) in about a week | 0.732 | ||||
| ci2 | It is not too expensive for a new or growing firm to get good access to communications (phone, internet, etc.) | 0.709 | ||||
| ci5 | New or growing firms can get good access to utilities (gas, water, electricity and sewer) in about a month | 0.5 | ||||
| Total variance explained | ||||||
| Percent | 30.66 | 10.28 | 9.5 | 7.5 | 6.5 | |
| Cum percent | 30.66 | 40.94 | 50.4 | 57.9 | 64.4 | |
| Eigen value | 4.9 | 1.6 | 1.5 | 1.2 | 1 | |
| Scale reliability analysis | ||||||
| Cronbach’s alpha | 0.768 | 0.785 | 0.714 | 0.700 | 0.600 | |
| Code | Items | Govt | Educ | Finance | Mkt | Infrastructure |
|---|---|---|---|---|---|---|
| cg2 | In my country … | 0.684 | ||||
| cg3 | The support for new and growing firms is a high priority for policy at the local government level | 0.672 | ||||
| cp3 | There are an adequate number of government programs for new and growing businesses | 0.574 | ||||
| cg1 | Government policies (e.g. public procurement) consistently favor new firms | 0.555 | ||||
| ce2 | Teaching in primary and secondary education provides adequate instruction in market economic principles | 0.773 | ||||
| ce3 | Teaching in primary and secondary education provides adequate attention to entrepreneurship and new firm creation | 0.758 | ||||
| ce1 | Teaching in primary and secondary education encourages creativity, self-sufficiency and personal initiative | 0.679 | ||||
| ce4 | Colleges and universities provide good and adequate preparation for starting up and growing new firms | 0.646 | ||||
| cf1 | There is sufficient equity funding available for new and growing firms | 0.786 | ||||
| cf3 | There are sufficient government subsidies available for new and growing firms | 0.603 | ||||
| cf5 | There is sufficient venture capitalist funding available for new and growing firms | 0.515 | ||||
| cm4 | The new and growing firms can afford the cost of market entry | 0.735 | ||||
| cm3 | New and growing firms can easily enter new markets | 0.706 | ||||
| ci3 | A new or growing firm can get good access to communications (telephone, internet, etc.) in about a week | 0.732 | ||||
| ci2 | It is not too expensive for a new or growing firm to get good access to communications (phone, internet, etc.) | 0.709 | ||||
| ci5 | New or growing firms can get good access to utilities (gas, water, electricity and sewer) in about a month | 0.5 | ||||
| Percent | 30.66 | 10.28 | 9.5 | 7.5 | 6.5 | |
| Cum percent | 30.66 | 40.94 | 50.4 | 57.9 | 64.4 | |
| Eigen value | 4.9 | 1.6 | 1.5 | 1.2 | 1 | |
| Cronbach’s alpha | 0.768 | 0.785 | 0.714 | 0.700 | 0.600 | |
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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