Research Handbook on Entrepreneurial Opportunities
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Research Handbook on Entrepreneurial Opportunities

Reopening the Debate

Edited by Catherine Léger-Jarniou and Silke Tegtmeier

With a wide-ranging set of contributions, this book provides a compilation of cutting-edge original research in the field of entrepreneurial opportunities. The book reopens the subject from diverse perspectives focusing on theories and approaches to entrepreneurial opportunities. The book has been complemented by an outstanding Delphi panel of six leading scholars of the field: Lowell Busenitz, Dimo Dimov, James O. Fiet, Denis Grégoire, Jeff McMullen and Mike Wright. This carefully edited selection of current and topical contributions will be of immense value to students, researchers and scholars interested in the field of entrepreneurial opportunities.
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Chapter 6: Understanding the knowledge–opportunities–entrepreneurship mechanism

Spyros J. Vliamos


The development of an entrepreneurial mindset is a challenge and a goal which requires an in-depth investigation of the learning processes in the meta-level, because the key factors are related to meta-cognitive processes and procedures on motivation and behavior. The purpose of this chapter is towards understanding the knowledge–opportunities–entrepreneurship mechanism and therefore the role of opportunities in the entrepreneurial process. The chapter aims to consider that the concepts developed in this literature can be treated equally well both as topics on entrepreneurial behavior and as a mental exercise in cognitive science, pedagogy and philosophy of the brain. The author accepts that cognitive mechanisms reinforce individuals’ existing knowledge base, making it one of the most important elements contributing to opportunity identification. So, through a process of logical inference, the chapter addresses some questions related to the opportunity–entrepreneurship action relationship.

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