Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/224471
Authors: 
Veselinović, Ljiljan
Kulenović, Mirza
Šunje, Aziz
Year of Publication: 
2019
Citation: 
[Editor:] Kozarević, Emira [Editor:] Okičić, Jasmina [Title:] Conference Proceedings. 6th International Scientific Conference „Economy of Integration“ ICEI 2019 „(E)migration and Competitiveness of Southeastern European Countries“, 5-7 December 2019, Tuzla, Bosnia and Herzegovina [ISSN:] 2490-2616 [Publisher:] Faculty of Economics, University of Tuzla [Place:] Tuzla, BiH [Pages:] 328-337
Abstract: 
Entrepreneurial orientation (EO) represents a firm-level construct that captures innovativeness, proactiveness, and risk-taking of the existing companies. The main focus of this paper is to present the EO of 477 companies in Bosnia and Herzegovina and to compare EO between companies operating within different contextual factors. We used descriptive statistics and statistical testing to draw conclusions. Our paper presents the mean values of entrepreneurial orientation for each NACE industry category. In addition, our results confirm that there are statistically significant differences in entrepreneurial orientation between (a) the companies operating in a more competitive environment and the companies operating in a less competitive environment; (b) the companies with acquired ISO certificates and high level of TQM practices and the companies without ISO certificates and low level of TQM practices; (c) the companies operating in predominantly export-oriented markets and the companies operating in predominantly local markets; and finally (d) the companies located in Federation of Bosnia and Herzegovina and the companies located in Republic of Srpska. However, there are no statistically significant differences in entrepreneurial orientation between the older companies (older than two, five and ten years) and younger companies; nor between companies of different sizes. By analyzing organizational contextual factors, this paper identifies key variables that may play an important role in designing more complex structural models. Additionally, this paper presents the current state of entrepreneurial orientation of existing companies in Bosnia and Herzegovina.
Abstract (Translated): 
Preduzetnička orijentacija predstavlja konstrukt na nivou firme koji najčešće obuhvata inovativnost, proaktivnost i spremnost na preuzimanje rizika. Glavni cilj ovog rada je prezentovati predzetničku orijentaciju 477 kompanija u Bosni i Hercegovini i testirati razlike između kompanija koje posluju u okruženju s različitim kontekstualnim faktorima. Pri donošenju zaključaka koristili smo deskriptivnu statistiku i statističko testiranje. Ovaj rad daje prikaz prosječnih vrijednosti preduzetničke orijentacije po NACE industrijskim kategorijama. Pored toga, rezultati ove studije potvrđuju da postoji statistički signifikantna razlika u preduzetičkoj orijentaciji između: (a) kompanije koje posluju u više konkurentnijem okruženju i kompanija koje posluju u manje konkurentnom okruženju; (b) kompanije koje imaju ISO certifikate i visok nivo TQM praksi i kompanija koje nemaju ISO certifikate i nizak nivo TQM praksi; (c) kompanija koje posluju u predominantno eksportno-orijentisanim tržištima i kompanija koje posluju na predominantno lokalnim tržištima; te konačno (d) kompanija koje posluju u Federaciji Bosne i Hercegovine i kompanija koja posluju na području Republike Srpske. Ipak, nisu pronađene statistički signifikantne razlike u preduzetničkoj orijentaciji između starijih kompanija (starije od dvije, pet i 10 godina) i mlađih kompanija, kao ni između kompanije različite veličine. Analizirajući organizacione kontekstualne faktore, ovaj rad identifikuje ključne varijable koje mogu igrati važnu ulogu u osmišljavanju kompleksnijih strukturalnih modela. Dodatno, ovaj rad prikazuje trenutno stanje preduzetničke orijentacije postojećih kompanija u Bosni i Hercegovini.
Subjects: 
entrepreneurial orientation
contextual factors
firm behavior
entrepreneurship
Bosnia and Herzegovina
JEL: 
L2
Document Type: 
Conference Paper
Document Version: 
Published Version
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