Entrepreneurship in Bosnia and Herzegovina: focus on gender

Ramo Palalic*, Veland Ramadani, Leo Paul Dana

*Corresponding author for this work

Research output: Contribution to journalArticlepeer-review

57 Citations (Scopus)

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.

Original languageEnglish
Pages (from-to)476-496
Number of pages21
JournalEuropean Business Review
Volume29
Issue number4
DOIs
Publication statusPublished - 2017
Externally publishedYes

Keywords

  • Entrepreneurship
  • Gender

ASJC Scopus subject areas

  • Business and International Management
  • Business, Management and Accounting (miscellaneous)

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