Abstract
Testing invariance is important in cross-cultural studies because a lack of invariance may bias empirical results and lead to improper theoretical inferences. This study introduces and validates a scale for measuring entrepreneurial investment climate, consisting of four factors: Societal stability, Labor and Regulations, Quality of Infrastructure, and Ease of Finance. The instrument was developed using World Bank Group data from 51,169 firms and 72 institutional profiles to determine investment climate. Confirmatory factor analyses reveal the validity of the scale and its robustness across country types and time. The study's implications for practice and future research are discussed.
| Original language | English (US) |
|---|---|
| Pages (from-to) | 1053-1065 |
| Number of pages | 13 |
| Journal | International Business Review |
| Volume | 25 |
| Issue number | 5 |
| DOIs | |
| State | Published - Oct 1 2016 |
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All Science Journal Classification (ASJC) codes
- Business and International Management
- Finance
- Marketing
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}
Measurement and structural invariance of entrepreneurial investment climate : A cross-country scale development. / Nam, Dae il; Kim, Juhee; Arthurs, Jonathan D.; Sosik, John Joseph; Cullen, John B.
In: International Business Review, Vol. 25, No. 5, 01.10.2016, p. 1053-1065.Research output: Contribution to journal › Article
TY - JOUR
T1 - Measurement and structural invariance of entrepreneurial investment climate
T2 - A cross-country scale development
AU - Nam, Dae il
AU - Kim, Juhee
AU - Arthurs, Jonathan D.
AU - Sosik, John Joseph
AU - Cullen, John B.
PY - 2016/10/1
Y1 - 2016/10/1
N2 - Testing invariance is important in cross-cultural studies because a lack of invariance may bias empirical results and lead to improper theoretical inferences. This study introduces and validates a scale for measuring entrepreneurial investment climate, consisting of four factors: Societal stability, Labor and Regulations, Quality of Infrastructure, and Ease of Finance. The instrument was developed using World Bank Group data from 51,169 firms and 72 institutional profiles to determine investment climate. Confirmatory factor analyses reveal the validity of the scale and its robustness across country types and time. The study's implications for practice and future research are discussed.
AB - Testing invariance is important in cross-cultural studies because a lack of invariance may bias empirical results and lead to improper theoretical inferences. This study introduces and validates a scale for measuring entrepreneurial investment climate, consisting of four factors: Societal stability, Labor and Regulations, Quality of Infrastructure, and Ease of Finance. The instrument was developed using World Bank Group data from 51,169 firms and 72 institutional profiles to determine investment climate. Confirmatory factor analyses reveal the validity of the scale and its robustness across country types and time. The study's implications for practice and future research are discussed.
UR - http://www.scopus.com/inward/record.url?scp=84955588267&partnerID=8YFLogxK
UR - http://www.scopus.com/inward/citedby.url?scp=84955588267&partnerID=8YFLogxK
U2 - 10.1016/j.ibusrev.2016.01.004
DO - 10.1016/j.ibusrev.2016.01.004
M3 - Article
AN - SCOPUS:84955588267
VL - 25
SP - 1053
EP - 1065
JO - International Business Review
JF - International Business Review
SN - 0969-5931
IS - 5
ER -