The inheritance of family businesses is a problem that many entrepreneurs face at the end of their successful activity. The goal of this article is to analyze some preconditions for the successful inheritance of family companies from one generation to another on the basis of two factors: the positive intra-family attitude towards the inheritance of family businesses and the existence of national regulatory frameworks to regulate the inheritance. The objectives are: (1) to present basic legal documents from Bosnia and Herzegovina, Bulgaria, Poland, Romania and Uzbekistan regulating the inheritance of family businesses, and (2) to present a comparative study on student responses from these countries as regards their intentions of having joint businesses with their relatives. The data has been collected by each co-author for the related country within the international academic network of INTERGEN in 2021 and 2023. The target groups were students and alumni from universities in Bosnia and Herzegovina, Bulgaria, Poland, Romania and Uzbekistan; the number of respondents is 2496.
This study investigates the role that demographic factors (country of origin, age, gender, and education) play in green purchase intentions (GPIs) among consumers in Jordan, the United Arab Emirates, and the Kingdom of Saudi Arabia (KSA). It is based on primary, quantitative, cross-sectional data collected using the questionnaire. The final sample included 680 consumers from the three countries. Hypotheses are tested using the independent samples t-test and one-way ANOVA. Results of the study show that age, gender, and education are not significant differentiators in GPI, while partial support was found regarding the role of country of origin. The study points out the relevance of GPIs and indicates the theoretical and practical implications. It enriches the scarce literature on green consumer behavior in the Middle East region and presents future research suggestions for its further development.
Current research on entrepreneurial orientation is mostly from a firm-level perspective, focuses on developed countries, and recent studies treat entrepreneurial orientation as a uni-dimensional construct. Studies on entrepreneurial orientation from a generational perspective mostly use a comparison between two groups (young and old) and neglect the well-accepted classification of generational cohorts. This study therefore examines the individual dimensions of entrepreneurial orientation (risk-taking, innovativeness and proactivity) among the Baby Boomers, Generations X, Y, and Z in Bosnia and Herzegovina. Data were collected through a cross-sectional survey that yielded a sample of 1,082 adults from Bosnia and Herzegovina. One-way analysis of variance with Brown-Forsythe, Welch’s F, and least significant post-hoc tests were used to test the hypotheses. The results show some evidence that individual entrepreneurial orientation varies significantly between generations, at different levels of significance. Risk-taking generally decreases with older generations, as does innovativeness, except when comparing Generations X and Y, while proactiveness increases with older generations. The study provides valuable information for future entrepreneurs, business incubators and potential investors.
Purpose This study aims to investigate the relationship between age and entrepreneurial and intrapreneurial intentions considering the mediating role of individual entrepreneurial orientation (IEO) dimensions (risk-taking, innovativeness and proactiveness). Design/methodology/approach The data were collected from 782 individuals from Bosnia and Herzegovina’s working-age population using a cross-sectional survey design. Hypotheses were tested via structural equation modeling. Findings Younger individuals have significantly higher intentions for entrepreneurship and intrapreneurship than older individuals. The mediating role of IEO was partially supported in the case of the relationship between age and entrepreneurial intention as well as age and intrapreneurial intention. While risk-taking and innovativeness partially mediate the relationship, proactiveness does not. Originality/value This study takes a comprehensive approach when examining the relationship between age and entrepreneurial/intrapreneurial intentions in a developing economy while considering the indirect effects of IEO dimensions.
PurposeThe study provides the emergence and evolution of the socioemotional wealth (SEW) concept in the family business field from 2007 (the inception date) until 2021. To provide a better overview of this notion, the study unfolds a deeper understanding of this term throughout the systematic literature review (SLR).Design/methodology/approachThe study applies a systematic literature review (SLR) by analyzing the sample of 185SEW articles extracted from the Scopus database. To identify all relevant studies, the article selection process was carefully designed and divided into two phases with clear steps: identification of studies via databases and identification of studies via previous studies' reference lists. Selected studies were analyzed using the Bibliometrix R-tool, resulting in an analysis of the evolution of the trends in the SEW literature, citation analysis, and network analysis. Finally, this SLR included the content analysis of the 25 most-cited SEW articles.FindingsThe study provides a relevant and comprehensive overview facilitating empirical and theoretical research in this field and paving the way to develop new themes. The bottom line of the important findings is that the SEW concept is relatively new, alluding to a wealthy venue for future works. Other results and implications are discussed on the family business and SEW theme. Additionally, the study provides suggestions which could be used for future works in this area.Originality/valueThis is the first article related to the SEW concept in the family business. It portrays a clear picture of this field, providing relevant information on what has been done, as well as what the future possibilities are that might bode the future horizons in family businesses.
This study investigates the entrepreneurial and intrapreneurial intentions of the working-age population in Bosnia and Herzegovina by considering a set of demographic and entrepreneurial background factors. Using a cross-sectional survey design, 782 responses were collected. To test hypotheses, confirmatory factor analysis, Welch's t-test, one-way variance analysis with Brown-Forsythe, Welch's F, and least square difference post hoc tests were used. The results suggest several theoretical and practical implications. First, entrepreneurial and intrapreneurial intentions are statistically different constructs. Second, there were mixed results regarding demographic factors where age is a significant differentiator in entrepreneurial and intrapreneurial intentions, experience and education are partial, while gender is insignificant. Third, concerning entrepreneurial background factors, both entrepreneurial education and family are significant differentiators in entrepreneurial and intrapreneurial intentions. Finally, the study contributes to the current state of knowledge by empirically demonstrating divergence between entrepreneurial and intrapreneurial intentions, extending the comparative research to the working-age population, and providing implications within the context of Bosnia and Herzegovina.
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