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A Journal of University-Industry-Government Innovation and Entrepreneurship

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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
  1. NB. Residuals are computed between observed and reproduced correlations. There are 71 (52.0%) non-redundant residuals with absolute values greater than 0.05