Validity and reliability of first and second order constructs
| Second order construct | First order construct | Indicator code | EFA | First order CFA | Second order CFA | ||||
|---|---|---|---|---|---|---|---|---|---|
| Loading | AVE | CR | Loading | AVE | CR | ||||
| Entrepreneurial leadership | Care for others | 1 | 0.850 | 0.829 | 0.917 | 0.735 | 0.736 | 0.759 | 0.512 |
| 2 | 0.836 | 0.795 | |||||||
| 3 | 0.766 | 0.699 | |||||||
| 4 | 0.746 | 0.732 | |||||||
| Having a vision | 1 | 0.814 | 0.729 | 0.896 | 0.683 | 0.641 | |||
| 2 | 0.801 | 0.714 | |||||||
| 3 | 0.733 | 0.782 | |||||||
| Opportunity oriented | 1 | 0.811 | 0.779 | 0.870 | 0.627 | 0.682 | |||
| 2 | 0.808 | 0.715 | |||||||
| 3 | 0.796 | 0.745 | |||||||
| Entrepreneurial ability | Desire for profit | 1 | 0.834 | 0.761 | 0.850 | 0.586 | 0.563 | 0.645 | 0.435 |
| 2 | 0.824 | 0.737 | |||||||
| 3 | 0.790 | 0.752 | |||||||
| Social ties and networks | 1 | 0.952 | 0.992 | 0.822 | 0.537 | 0.576 | |||
| 2 | 0.941 | 0.973 | |||||||
| 3 | 0.838 | 0.767 | |||||||
| Prior experience | 1 | 0.953 | 0.995 | 0.939 | 0.840 | 0.706 | |||
| 2 | 0.941 | 0.969 | |||||||
| 3 | 0.870 | 0.794 | |||||||
| 4 | 0.873 | 0.903 | |||||||
| 5 | 0.849 | 0.944 | |||||||
| 6 | 0.714 | 0.543 | |||||||
| Market orientation | 1 | 0.822 | 0.780 | 0.923 | 0.800 | 0.528 | |||
| 2 | 0.810 | 0.733 | |||||||
| 3 | 0.804 | 0.739 | |||||||
| Individual entrepreneurial orientation | Proactivity | 1 | 0.797 | 0.711 | 0.904 | 0.760 | 0.724 | 0.589 | 0.376 |
| 2 | 0.773 | 0.724 | |||||||
| 3 | 0.720 | 0.737 | |||||||
| Innovativeness | 1 | 0.839 | 0.738 | 0.846 | 0.659 | 0.622 | |||
| 2 | 0.813 | 0.737 | |||||||
| 3 | 0.771 | 0.733 | |||||||
| Risk taking | 1 | 0.812 | 0.775 | 0.794 | 0.563 | 0.610 | |||
| 2 | 0.809 | 0.751 | |||||||
| 3 | 0.797 | 0.750 | |||||||
| Aggressiveness | 1 | 0.879 | 0.866 | 0.791 | 0.557 | 0.497 | |||
| 2 | 0.874 | 0.864 | |||||||
| 3 | 0.869 | 0.881 | |||||||
| Autonomy | 1 | 0.824 | 0.768 | 0.783 | 0.551 | 0.520 | |||
| 2 | 0.813 | 0.808 | |||||||
| 3 | 0.800 | 0.811 | |||||||
| MSME performance | Increased employment | 1 | 0.868 | 0.788 | 0.786 | 0.552 | 0.724 | 0.753 | 0.510 |
| 2 | 0.871 | 0.761 | |||||||
| 3 | 0.843 | 0.723 | |||||||
| Financial performance | 1 | 0.875 | 0.795 | 0.886 | 0.618 | 0.674 | |||
| 2 | 0.887 | 0.757 | |||||||
| 3 | 0.896 | 0.716 | |||||||
| Expansion of existing business | 1 | 0.879 | 0.819 | 0.869 | 0.625 | 0.613 | |||
| 2 | 0.777 | 0.727 | |||||||
| 3 | 0.826 | 0.736 | |||||||
| Employee motivation | 1 | 0.866 | 0.830 | 0.909 | 0.715 | 0.741 | 0.844 | 0.576 | |
| 2 | 0.858 | 0.841 | |||||||
| 3 | 0.823 | 0.816 | |||||||
| Second order construct | First order construct | Indicator code | EFA | First order CFA | Second order CFA | ||||
|---|---|---|---|---|---|---|---|---|---|
| Loading | AVE | CR | Loading | AVE | CR | ||||
| Entrepreneurial leadership | Care for others | 1 | 0.850 | 0.829 | 0.917 | 0.735 | 0.736 | 0.759 | 0.512 |
| 2 | 0.836 | 0.795 | |||||||
| 3 | 0.766 | 0.699 | |||||||
| 4 | 0.746 | 0.732 | |||||||
| Having a vision | 1 | 0.814 | 0.729 | 0.896 | 0.683 | 0.641 | |||
| 2 | 0.801 | 0.714 | |||||||
| 3 | 0.733 | 0.782 | |||||||
| Opportunity oriented | 1 | 0.811 | 0.779 | 0.870 | 0.627 | 0.682 | |||
| 2 | 0.808 | 0.715 | |||||||
| 3 | 0.796 | 0.745 | |||||||
| Entrepreneurial ability | Desire for profit | 1 | 0.834 | 0.761 | 0.850 | 0.586 | 0.563 | 0.645 | 0.435 |
| 2 | 0.824 | 0.737 | |||||||
| 3 | 0.790 | 0.752 | |||||||
| Social ties and networks | 1 | 0.952 | 0.992 | 0.822 | 0.537 | 0.576 | |||
| 2 | 0.941 | 0.973 | |||||||
| 3 | 0.838 | 0.767 | |||||||
| Prior experience | 1 | 0.953 | 0.995 | 0.939 | 0.840 | 0.706 | |||
| 2 | 0.941 | 0.969 | |||||||
| 3 | 0.870 | 0.794 | |||||||
| 4 | 0.873 | 0.903 | |||||||
| 5 | 0.849 | 0.944 | |||||||
| 6 | 0.714 | 0.543 | |||||||
| Market orientation | 1 | 0.822 | 0.780 | 0.923 | 0.800 | 0.528 | |||
| 2 | 0.810 | 0.733 | |||||||
| 3 | 0.804 | 0.739 | |||||||
| Individual entrepreneurial orientation | Proactivity | 1 | 0.797 | 0.711 | 0.904 | 0.760 | 0.724 | 0.589 | 0.376 |
| 2 | 0.773 | 0.724 | |||||||
| 3 | 0.720 | 0.737 | |||||||
| Innovativeness | 1 | 0.839 | 0.738 | 0.846 | 0.659 | 0.622 | |||
| 2 | 0.813 | 0.737 | |||||||
| 3 | 0.771 | 0.733 | |||||||
| Risk taking | 1 | 0.812 | 0.775 | 0.794 | 0.563 | 0.610 | |||
| 2 | 0.809 | 0.751 | |||||||
| 3 | 0.797 | 0.750 | |||||||
| Aggressiveness | 1 | 0.879 | 0.866 | 0.791 | 0.557 | 0.497 | |||
| 2 | 0.874 | 0.864 | |||||||
| 3 | 0.869 | 0.881 | |||||||
| Autonomy | 1 | 0.824 | 0.768 | 0.783 | 0.551 | 0.520 | |||
| 2 | 0.813 | 0.808 | |||||||
| 3 | 0.800 | 0.811 | |||||||
| MSME performance | Increased employment | 1 | 0.868 | 0.788 | 0.786 | 0.552 | 0.724 | 0.753 | 0.510 |
| 2 | 0.871 | 0.761 | |||||||
| 3 | 0.843 | 0.723 | |||||||
| Financial performance | 1 | 0.875 | 0.795 | 0.886 | 0.618 | 0.674 | |||
| 2 | 0.887 | 0.757 | |||||||
| 3 | 0.896 | 0.716 | |||||||
| Expansion of existing business | 1 | 0.879 | 0.819 | 0.869 | 0.625 | 0.613 | |||
| 2 | 0.777 | 0.727 | |||||||
| 3 | 0.826 | 0.736 | |||||||
| Employee motivation | 1 | 0.866 | 0.830 | 0.909 | 0.715 | 0.741 | 0.844 | 0.576 | |
| 2 | 0.858 | 0.841 | |||||||
| 3 | 0.823 | 0.816 | |||||||
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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