Table 2.
Confirmatory factor analysis with descriptive statistics for the Industry 4.0 readiness model in SEM.
| Construct | Measure | Mean | Std. Deviation | Standardized Direct Item Loading SEM | CR | AVE | Cronbach’s Alpha |
|---|---|---|---|---|---|---|---|
| Readiness for Industry 4.0 | STRI | 6.39 | 1.54 | 0.667 *** | |||
| CM | 7.74 | 1.17 | 0.819 *** | ||||
| OSO | 6.99 | 1.52 | 0.821 *** | ||||
| PAS | 6.28 | 1.44 | 0.730 *** | 0.940 | 0.669 | 0.924 | |
| MCTS | 5.08 | 1.54 | 0.998 *** | ||||
| LEI | 7.34 | 1.38 | 0.819 *** | ||||
| ITPC | 5.08 | 1.52 | 0.840 *** | ||||
| BM | 6.12 | 1.41 | 0.814 *** |
Notes: *** p < 0.001; sample size is 323.