Measuring and Validating the Scale of Entrepreneurial Orientation:A Confirmatory Factor Analysis Approach

The prime goal of the study is to understand the concept of entrepreneurial orientation (EO) of the technical institutions in Odisha. Further, this study tries to measure and validate the scale of EO developed by Miller, Covin, & Slevin (1989). Data from 397 respondents, who are basically the employees of the technical institutions, are collected to test the convergent and discriminant validity of the scale. In order to develop a measurement model, an exploratory factor analysis, followed by a confirmatory factor analysis, is deployed. The scale is found to have strong construct validity and the measurement model of the three underlying constructs – innovativeness, proactiveness and risk-taking developed by Miller, Covin, & Slevin (1989) – shows a good model fit.