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.

Entrepreneurial and intrapreneurial intentions: Analyzing the premise of distinct constructs with different determinants

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.

Entrepreneurship in Central and Eastern Europe (CEE) has long been shaped by institutional instability, political volatility, and repeated shocks. This paper synthesizes findings from 42 studies to examine how entrepreneurs in this region navigate uncertainty. The systematic coding process revealed recurring themes, including institutional fragility, political involvement, responses to external shocks, digital innovation, migrant and cultural entrepreneurship, long-term reforms, and regional development. Evidence shows that entrepreneurs in CEE rely less on formal institutions and more on trust-based networks, pragmatic approaches to innovation, and practices rooted in identity. Events such as pandemics and the Ukraine war have exposed existing vulnerabilities, but also highlighted the adaptive strategies, including increased digital engagement and refugee entrepreneurship. Overall, entrepreneurship serves as both a coping mechanism amid crises and a catalyst for transformation in transitional economies. Based on these insights, the paper proposes strategies for institutional reforms, digital skills enhancement, and inclusive support systems.

This study analyzes financial literacy in Bosnia and Herzegovina by considering three areas: interest, inflation, and diversification, with financial literacy as a multi-dimensional construct consisting of financial knowledge and financial skills. Using a cross-sectional questionnaire-based survey, 638 valid responses were collected from working-age individuals (18-65 years old). Financial knowledge and skills were analyzed through a prism of several demographic factors, including age, education, household income, and gender. Welch's F tests, ANOVA with Brown-Forsythe, LSD post hoc tests, and Welch's t-tests were performed to test the hypotheses. The findings provide evidence of moderate financial literacy. Similarly to previous studies, financial knowledge and skills partially depend on the respondent's age, education, household income, and gender. The study contributes to the current literature by taking a much-needed non-functional approach to examining financial literacy, focusing not only on financial knowledge but also on often neglected financial skills and providing insight into the unique context of Bosnia and Herzegovina.

This study examines the behavioral intention of Muslims in Bosnia and Herzegovina to adopt blockchain-based zakat systems. It offers novel insights from a European Islamic context. Prior studies have primarily focused on Southeast Asia and the Middle East. The research develops an SEM model on an extended Unified Theory of Acceptance and Use of Technology framework. Data were collected through a survey of Bosnian Muslims. The aim was to investigate how these factors influence the acceptance of digital zakat platforms. The findings highlight the potential of blockchain to address inefficiencies and trust issues in traditional zakat management. The study shows that performance expectancy, intrinsic religiosity, and trust are significant determinants of adopting blockchain-based zakat platforms. These results emphasize both technological and faith-based drivers of acceptance. Technology can enhance the trustworthiness and inclusivity of zakat administration for a broader group of Muslims in Bosnia and Herzegovina and similar contexts. This work contributes to broader international discussions on the intersection of technology, religion and finance. The article is laying a foundation for the future development of blockchain-based zakat platforms in Muslim societies.