A model is proposed that relates opportunity recognition to pattern recognition—the process through which individuals perceive emergent patterns among seemingly unrelated stimuli or events. This model suggests that because of their unique knowledge structures (e.g., prototypes, exemplars), specific persons perceive patterns among emerging changes in technology, markets, demographics, etc. that ...

In automatic speech recognition complex state spaces are searched during the recognition process. By limiting these search spaces the computation time can be reduced, but unfortunately the recognition rate mostly decreases, too. However, especially for time-critical recognition tasks a search-space pruning is necessary. Therefore, we developed a dynamic mechanism to optimize the pruning paramet...

Abstract Recognizing opportunities enabled by digital technology (DT) has become a competitive necessity in today’s world. However, opportunity recognition is major challenge given the influence of DT, which not only disperses agency across various actors, but also blurs boundaries between customers, companies, products, and industries. As result, traditional entrepreneurship knowledge needs to...

Entrepreneurial opportunity recognition, a critical precursor to the startup process, is complex phenomenon influenced by multitude of factors. This article provides an in-depth exploration theoretical frameworks that underpin entrepreneurial recognition. Drawing on cognitive, resource-based, effectuation, and network theories, we examine intricate interplay cognitive processes, resource levera...

Purpose – The purpose of this paper is to examine the antecedents of, and the relationships between, entrepreneurial opportunity recognition, and individual-level innovation performance. Design/methodology/approach – Questionnaire data were collected from 268 senior R&D project team members (response rate 64.58 percent) along with 83 R&D managers who evaluated their employees’ innovative behavi...

Abstract Despite the significance of individual factors in how entrepreneurs recognize international opportunities either by active search or passive discovery, prior research has typically focused on cognitive aspects overlooking affect as a critical driver this process. Drawing upon broaden-and-build and affect-as-information theories, we explore courage, hope, fear failure, anticipated regre...

Field Editor: C. Schade Although there is evidence that regulatory focus is associated with opportunity exploitation, there is a lack of research examining its role at the early stages of opportunity recognition. The present study makes two major contributions to address this gap. First, we demonstrate that entrepreneurs' promotion focus is positively related to opportunity recognition, whereas...

Purpose – Opportunity recognition is an important aspect on entrepreneurship, especially for technology-based ventures. Drawing on Austrian economic theory, recent studies have emphasized the importance of market knowledge in opportunity recognition. Although insightful, these studies do not take account of relationships that exist between different types of knowledge (e.g. technology and marke...