Opportunity Recognition Amongst Entrepreneurs
This research paper focuses mainly on various underlying issues of opportunity recognition that are faced by entrepreneurs. I have tried to understand the factors that help people to discover and execute business opportunities. I have tried to test the behavior and their attitudes by a literatur...
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| Format: | Dissertation (University of Nottingham only) |
| Language: | English |
| Published: |
2009
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| Online Access: | https://eprints.nottingham.ac.uk/22859/ |
| Summary: | This research paper focuses mainly on various underlying issues of opportunity recognition that are faced by entrepreneurs. I have tried to understand the factors that help people to discover and execute business opportunities.
I have tried to test the behavior and their attitudes by a literature review which has revealed many theoretical frameworks. I have used the case study method to analyze the frameworks and presented my conclusion with some realities about entrepreneurship in today’s era. Through this paper, I have tried to examine the processes of opportunity recognition which will aid entrepreneurs to formulate and implement strategies when they choose to start new business ventures. It will also help them to use available resources which they can exploit with ease. By examining the various interviews, the paper concludes that there exist several crucial elements that impact opportunity recognition processes. Once we understand these elements, they can be utilized to form strategies so that entrepreneurs can implement the function of recognition of suitable opportunities that best suits them. |
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