Partnerships and development policies for small-medium enterprises in Greece: a CFA approach
Theodore Metaxas and
Marie-Noëlle Duquenne ()
Region et Developpement, 2017, vol. 45, 131-158
Abstract:
This research investigates the importance of selected local development policies for SME enterprises in the city of Thessaloniki, Greece, just before the beginning of the economic crisis. The research has been implemented by administering questionnaires on a representative sample of 227 enterprises. These enterprises have been selected through a stratified random sampling where strata are related to the main economic sector. Through Structural Equation Analysis (SEM) and Confirmatory Factor Analysis (CFA), the objective is not only to appreciate which of the initial variables (reflecting alternatives policies) affect intensively the Exploratory Factor Analysis (EFA) components but also to assess which policies are perceived by firms as the most determinant in terms of partnerships development and improvement of competitiveness according to their sector of operation.
Keywords: Local development policies; Partnerships; Firms’ development; Exploratory Factor Analysis; Structural Equation Modeling; Confirmatory Factor Analysis; Thessaloniki (search for similar items in EconPapers)
JEL-codes: L21 R50 R58 R59 (search for similar items in EconPapers)
Date: 2017
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Persistent link: https://EconPapers.repec.org/RePEc:tou:journl:v:45:y:2017:p:131-158
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