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Essential new PLS-SEM analysis methods for your entrepreneurship analytical toolbox

Author

Listed:
  • Scott C. Manley

    (Midwestern State University)

  • Joseph F. Hair

    (University of South Alabama)

  • Ralph I. Williams

    (Middle Tennessee State University)

  • William C. McDowell

    (Foster College of Business, Executive and Academic Director, Turner School of Entrepreneurship and Innovation)

Abstract

Rigorous research across the wide spectrum of entrepreneurship is important for developing knowledge and innovation in the field, which in turn offers building blocks for future inquiry, practice, innovation, and economic growth. For this reason, scholars continually seek new empirical analysis tools to examine constructs and variables included in their research. While many familiar tools remain at the core of the scholar’s tool box, PLS-SEM offers valuable options that have been accentuated by recent developments. This article provides a thorough review of PLS-SEM and its application to current entrepreneurship research, summarizes the emergent confirmatory composite analysis (CCA) processes for applying and interpreting the analysis, explains why PLS-SEM can be especially advantageous for research in this field, and concludes with suggestions for scholars as they plan future research projects. In addition, recent PLS-SEM developments are shared that may effectively apply to entrepreneurship research.

Suggested Citation

  • Scott C. Manley & Joseph F. Hair & Ralph I. Williams & William C. McDowell, 2021. "Essential new PLS-SEM analysis methods for your entrepreneurship analytical toolbox," International Entrepreneurship and Management Journal, Springer, vol. 17(4), pages 1805-1825, December.
    • Handle: RePEc:spr:intemj:v:17:y:2021:i:4:d:10.1007_s11365-020-00687-6
    DOI: 10.1007/s11365-020-00687-6
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