Open AccessA Exploratory Factor Analysis, Validation and Reliability of the ‘Perceived Socio-Economic Sustainability’ Scale: An Entrepreneurship and Economic Corridors Perspective
Author(s) -
Zia Ur Rehman,
Muhammad Arif
Publication year - 2021
Publication title -
pakistan business review
Language(s) - English
Resource type - Journals
eISSN - 2521-005X
pISSN - 1561-8706
DOI - 10.22555/pbr.v23i1.500
Subject(s) - exploratory factor analysis , scale (ratio) , entrepreneurship , reliability (semiconductor) , sustainability , government (linguistics) , socioeconomic status , marketing , validity , perspective (graphical) , credibility , perception , business , environmental economics , service (business) , psychology , computer science , economics , psychometrics , political science , geography , finance , medicine , environmental health , artificial intelligence , population , philosophy , law , ecology , linguistics , biology , power (physics) , quantum mechanics , clinical psychology , physics , cartography , neuroscience
This research aimed to develop & test the scale for perceived socioeconomic sustainability (PSES). Data was collected from 425 experienced industrial entrepreneurs by survey method of data collection. Findings suggested that the statistically tested form of the PSES scale has consisted of 11-items under single factor. Further, this study displays statistical process by using Exploratory Factor Analysis (EFA) technique to ensure validity and reliability as testimony for the instrument-development. The scale for PSES, developed by this study, will be helpful for scholars for measurement of ‘perception’ of different stakeholders of entrepreneurial ecosystem like financial institutions, media, Government, and service industry etc.