IDENTIFICATION OF INFLUENTIAL SET OF ENTREPRENEURIAL TRAITS
Identify the influential set of entrepreneurial traits among the sample respondents of the study area. For this purpose ‘Factor Analysis’ applied.
It is one of the most popular ‘analysis of interdependence’ techniques. In studies of interdependence, all variables are on an equal footing, and the analysis is concerned with the whole set of relationships among the variables that characterize the objects. This procedure takes a large number of variables or objects and searches out factors in common which account for their inter-correlation.
In the present analysis of identifying the influential set of entrepreneurial traits among respondents, the Orthogonal Varimax Rotatrin, mostly used and widely available in the Factor, Analytic Computer Programme (FACP) is applied. One of the final outcomes of the factor analysis is called Rotated Factor Matrix, a table of Co-efficients that expresses the ratios between the variables and the factors that have been presented.