Table 1

Validity and reliability of first and second order constructs

Second order constructFirst order constructIndicator codeEFAFirst order CFASecond order CFA
LoadingAVECRLoadingAVECR
Entrepreneurial leadershipCare for others10.8500.8290.9170.7350.7360.7590.512
20.8360.795
30.7660.699
40.7460.732
Having a vision10.8140.7290.8960.6830.641
20.8010.714
30.7330.782
Opportunity oriented10.8110.7790.8700.6270.682
20.8080.715
30.7960.745
Entrepreneurial abilityDesire for profit10.8340.7610.8500.5860.5630.6450.435
20.8240.737
30.7900.752
Social ties and networks10.9520.9920.8220.5370.576
20.9410.973
30.8380.767
Prior experience10.9530.9950.9390.8400.706
20.9410.969
30.8700.794
40.8730.903
50.8490.944
60.7140.543
Market orientation10.8220.7800.9230.8000.528
20.8100.733
30.8040.739
Individual entrepreneurial orientationProactivity10.7970.7110.9040.7600.7240.5890.376
20.7730.724
30.7200.737
Innovativeness10.8390.7380.8460.6590.622
20.8130.737
30.7710.733
Risk taking10.8120.7750.7940.5630.610
20.8090.751
30.7970.750
Aggressiveness10.8790.8660.7910.5570.497
20.8740.864
30.8690.881
Autonomy10.8240.7680.7830.5510.520
20.8130.808
30.8000.811
MSME performanceIncreased employment10.8680.7880.7860.5520.7240.7530.510
20.8710.761
30.8430.723
Financial performance10.8750.7950.8860.6180.674
20.8870.757
30.8960.716
Expansion of existing business10.8790.8190.8690.6250.613
20.7770.727
30.8260.736
 Employee motivation10.8660.8300.9090.7150.7410.8440.576
20.8580.841
30.8230.816

Note(s): EFA: Exploratory Factor Analysis; CFA: Confirmatory Factor Analysis; AVE: Average variance Extracted; CR: Composite Reliability

Source(s): Authors' calculations

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