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 J.
AU - Cullen, John B.
N1 - Funding Information:
This research is partially supported by Korea University Research Fund.
Publisher Copyright:
© 2016 Elsevier Ltd
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.
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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 -