CB-SEM vs PLS-SEM methods for research in social sciences and technology forecasting

This study compares the two widely used methods of Structural Equation Modeling (SEM): Covariance based Structural Equation Modeling (CB-SEM) and Partial Least Squares based Structural Equation Modeling (PLS-SEM). The first approach is based on covariance, and the second one is based on variance (partial least squares). It further assesses the difference between PLS and Consistent PLS algorithms. To assess the same, empirical data is used. Four...