Influence of corporate entrepreneurship on business model innovation of companies in Bosnia and Herzegovina after the COVID-19 pandemic

Autor: Selma Smajlović, Alma Muratović, Bahrija Umihanić
Jazyk: angličtina
Rok vydání: 2024
Předmět:
Zdroj: Management : Journal of Contemporary Management Issues, Vol 29, Iss 1, Pp 31-45 (2024)
Druh dokumentu: article
ISSN: 1331-0194
1846-3363
DOI: 10.30924/mjcmi.29.1.3
Popis: The study presented in this paper explored the relationship between corporate entrepreneurship and business model innovation of companies in Bosnia and Herzegovina (B&H) after the COVID-19 pandemic. In particular, the authors aimed to analyze how the individual dimensions of corporate entrepreneurship influence business model innovation by using the dynamic capabilities view. The study empirically analysed a sample of 100 companies using regression analysis. The findings revealed that each dimension of corporate entrepreneurship positively and significantly impacts business model innovation. Innovativeness, proactiveness, risk-taking, autonomy, and competitive aggressiveness positively affected the innovation of the business model. The results of this study confirm that entrepreneurial initiative is a good predictor of a company’s ability to innovate business models. The implication for management is to deepen the understanding of how corporate entrepreneurship promotes and shapes an innovative business model. This increases companies’ success and overall well-being in B&H after the COVID-19 pandemic.
Databáze: Directory of Open Access Journals