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A Journal of University-Industry-Government Innovation and Entrepreneurship

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Table 2 Latent factors to barriers to innovation (all respondents)

From: Barriers to innovation: the case of Ghana and implications for developing countries

Factor Number Name of Factor Variables Factor Loading Cronbach’s Alpha Total Varience Explained KMO Bartlets Test of Sphericity
Chi Squared Df Significance
1 Skills-ICT Capability / Capacity * Quality of Technically Trained Manpower 0.797 0.833 33.524 0.817 1,625.579 136 0.000
* Rate of Access to ICT 0.785
* ICT Capacity 0.760
* Lack of Technically Trained Manpower 0.695
2 Unsophisticated Markets* * Lack of Demanding Customers 0.892 0.752 9.671
* Lack of Innovative Customers 0.839
* Lack of Competition 0.682
3 Deficient Fiscal Policy * Lack of Finance 0.770 0.598 8.437
* Lack of Explicit Policy Support 0.737
4 Reduced Organisational Risks * Excessive Percieved Economic Risk −0.809 0.757 7.037
* Organisational Rigidities −0.723
* Hierachical Organisations −0.675
* Restrictive Public / Governmental Regulations −0.653
Cumulative Total (CTVE) 58.669
  1. NB. Residuals are computed between observed and reproduced correlations. There are 68 (50.0%) non-redundant residuals with absolute values greater than 0.05