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Entrepreneurial Mindset and SMEs’ Sustainability

In: Organizational Mindset of Entrepreneurship

Author

Listed:
  • Ramo Palalić

    (International University of Sarajevo)

  • Azra Branković

    (International University of Sarajevo)

  • Azra Bičo

    (International University of Sarajevo)

Abstract

The chapter aims to describe an entrepreneurial climate in small and medium enterprises (SMEs) in Bosnia and Herzegovina. The study is based on a qualitative approach, using interviews for data collection. It portrays the path way how the entrepreneurial mindset is created in SMEs. Each part of the path is elaborated in the way how this mindset is understood, established, and maintained throughout the entrepreneurial cycle. Interviewees are business owners or CEOs of SMEs who are competent to elaborate answers for asked questions. Results show that entrepreneurial mindset and spirit are created out of entrepreneurial orientation (EO) dimensions along with the internal marketing and networking. Contribution and other implications are further discussed.

Suggested Citation

  • Ramo Palalić & Azra Branković & Azra Bičo, 2020. "Entrepreneurial Mindset and SMEs’ Sustainability," Studies on Entrepreneurship, Structural Change and Industrial Dynamics, in: Veland Ramadani & Ramo Palalić & Léo-Paul Dana & Norris Krueger & Andrea Caputo (ed.), Organizational Mindset of Entrepreneurship, pages 53-77, Springer.
    • Handle: RePEc:spr:seschp:978-3-030-36951-4_4
    DOI: 10.1007/978-3-030-36951-4_4
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