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Entrepreneurship in Bosnia and Herzegovina: focus on gender

Ramo Palalic (International University of Sarajevo, Sarajevo, Bosnia and Herzegovina)
Veland Ramadani (South-East European University, Ilindenska, Tetovo, Macedonia, Balkans)
Leo Paul Dana (Montpellier Business School, Montpellier, Languedoc-Roussillon, France)

European Business Review

ISSN: 0955-534X

Article publication date: 12 June 2017

Abstract

Purpose

The purpose of this paper was to investigate gender differences in entrepreneurship development.

Design/methodology/approach

A quantitative study consisted of an on-line questionnaire administered to a random sample of 206 owner-manager CEOs across Bosnia and Herzegovina. Various statistical tools were used in the analysis.

Findings

Empirical results revealed significant differences in entrepreneurial performance between women and men. It was found that gender significantly affects entrepreneurial activities in firms with regards to innovativeness, proactiveness and risk-taking. Overall, female respondents scored better in entrepreneurial dimensions than did males.

Practical implications

The state should support female entrepreneurship in the long term; aspirations exist, and this study’s results reveal this potential. Furthermore, it is recommended that women take a part in entrepreneurship development – a key to economic development. Also, it is suggested that education in entrepreneurship should be at a higher level than is currently the case.

Originality/value

This paper is the first empirical study that examines gender issues in entrepreneurship in Bosnia and Herzegovina. The study draws practical implications for current business owners, CEOs and potential entrepreneurs of either gender. This research removes stereotypes about female aspirations, competencies and skills in creating new start-ups and ventures, which in the long term will contribute to the economic development.

Keywords

Citation

Palalic, R., Ramadani, V. and Dana, L.P. (2017), "Entrepreneurship in Bosnia and Herzegovina: focus on gender", European Business Review, Vol. 29 No. 4, pp. 476-496. https://doi.org/10.1108/EBR-05-2016-0071

Publisher

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Emerald Publishing Limited

Copyright © 2017, Emerald Publishing Limited