Exploratory and confirmatory factor analysis of digital entrepreneur skills
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Author(s)Chairul Huda Atma DirgatamaLink to ORCID Index: https://orcid.org/0000-0002-7890-7150
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DOIhttp://dx.doi.org/10.21511/ppm.22(2).2024.23
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Article InfoVolume 22 2024, Issue #2, pp. 299-312
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Creative Commons Attribution 4.0 International License
Research in the field of entrepreneurship has become an intriguing area for further investigation. In an era where digital advancements are ubiquitous, previous researchers have identified a gap: the lack of a specific instrument to identify digital entrepreneur skills. Therefore, this study aims to determine the constructs of students’ digital entrepreneur skills. The analysis techniques include confirmatory factor analysis (CFA), exploratory factor analysis (EFA), Pearson correlation, Kendall’s, Spearman’s, and Cronbach’s alpha. The study was conducted over five phases with 235 participants from university students in Indonesia who run or own a business. The results revealed strong instrument validity with robustness ranging from significant Pearson, Kendall’s, and Spearman’s analyses (<0.05) and Cronbach’s alpha (>0.60). The exploratory factor analysis indicated a Kaiser-Meyer-Olkin value of 0.954 (>0.05) and Bartlett’s test (0.000 < 0.05), with all items having values of anti-image (>0.50), communalities (> 0.50), and factor loadings (> 0.40), uncovering three components. Lastly, the CFA demonstrated an overall good fit model, with high first-order factor loadings (>0.60) and a second-order construct digital entrepreneur skills comprising three components: interpersonal digital skills with a factor loading of 0.890, idea and technology management skills (0.920), and adaptation and innovation skills (1.020). The study highlights the critical need for students to develop digital entrepreneurial skills encompassing interpersonal digital skills, ideation, and technology management, as well as adaptation and innovation abilities to thrive in the digital economy and enhance their personal and professional growth.
Acknowledgment
I want to thank all those who have helped make this research a success, especially for Sebelas Maret University as a place of affiliation and all respondents willing to participate in my study.
- Keywords
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JEL Classification (Paper profile tab)A20, L26, J24
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References62
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Tables7
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Figures3
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- Figure 1. Research phases
- Figure 2. Model CFA step 1
- Figure 3. Model CFA step 2
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- Table 1. Draft instrument of DES
- Table 2. Correlation and reliability test
- Table 3. KMO, anti-image correlation, and communality
- Table 4. Loading factor in EFA
- Table 5. Model fit summary
- Table 6. Covariances – Modification indices
- Table 7. Loading factor and identity of components
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Lucia Kohnová ,
Nikola Salajová
doi: http://dx.doi.org/10.21511/ppm.17(2).2019.36
Problems and Perspectives in Management Volume 17, 2019 Issue #2 pp. 462-478 Views: 3325 Downloads: 1499 TO CITE АНОТАЦІЯTechnological changes that come with industrial revolution have largely affected businesses, as well as society. With the current technological shift and Fourth Industrial Revolution, many questions arise regarding the impacts and effects on current ways businesses operate. This study presents a retrospective analysis and overview of previous industrial revolutions. The aim of the retrospective analysis is to identify common characteristics that may lead to lessons learned for the forthcoming Fourth Industrial Revolution and thus complement the current debate on technological change. All previous industrial revolutions have led to change in business environments and new challenges for managers and owners. The findings show that all previous revolutions have led to increase in the number of service jobs created. The key approach of successful countries during the times of industrial revolution has included education as the source of new skills and knowledge necessary for adaption. Countries that were able to produce high skilled people could not only invent, but also adapt to new technologies sooner than others. Similarly, these approaches included introduction of new managerial practices in order to be able to utilize new technologies and new skilled workers effectively. The research article processes secondary data together with literature review on this topic.
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Amiran Maglakelidze ,
Gulnaz Erkomaishvili
doi: http://dx.doi.org/10.21511/ppm.19(4).2021.02
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Anis Ali
doi: http://dx.doi.org/10.21511/ppm.18(2).2020.03
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