A Journal of University-Industry-Government Innovation and Entrepreneurship
Table 4 Latent factors to barriers to innovation (medium-and high-tech industry)
From: Barriers to innovation: the case of Ghana and implications for developing countries
Number of Factor | Name of Factor | Variables | Factor Loading | Cronbach’s Alpha | Total Varience Explained | KMO | Bartlets Test of Sphericity | ||
|---|---|---|---|---|---|---|---|---|---|
Chi Squared | Df | Significance | |||||||
1 | Organisational Risks* | * Excessive Percieved Economic Risk | 0.794 | 0.821 | 40.52 | 0.744 | 633.823 | 136 | 0.000 |
* Hierachical Organisations | 0.670 | ||||||||
* Organisational Rigidities | 0.608 | ||||||||
2 | Deficient Fiscal Policy * | * Lack of Explicit Policy Support | 0.857 | 0.765 | 10.759 | ||||
* Lack of Finance | 0.765 | ||||||||
* Innovations Costs (Too High) | 0.694 | ||||||||
3 | Unsophisticated Markets * | * Lack of Demanding Customers | 0.909 | 0.764 | 8.988 | ||||
* Lack of Innovative Customers | 0.827 | ||||||||
* Lack of Competition | 0.595 | ||||||||
* Brain Drain | 0.578 | ||||||||
4 | ICT Skills Incapacity / Incapability | * Rate of Access to ICT | −0.854 | 0.852 | 8.432 | ||||
* Quality of Technically Trained Manpower | −0.776 | ||||||||
* ICT Capacity | −0.752 | ||||||||
* Lack of Technically Trained Manpower | −0.702 | ||||||||
Cumulative Total (CTVE) | 68.699 | ||||||||