Entrepreneurial Mindset and SMEs’ Sustainability

  • Ramo PalalićEmail author
  • Azra Branković
  • Azra Bičo
Part of the Studies on Entrepreneurship, Structural Change and Industrial Dynamics book series (ESID)


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.


Entrepreneurial mindset Sustainability Entrepreneurial orientation Internal marketing Networking Bosnia and Herzegovina 


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Authors and Affiliations

  1. 1.Faculty of Business and AdministrationsInternational University of SarajevoSarajevoBosnia and Herzegovina

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