QuestionQuestion

Write one page summary of the research article - Baron, R. A. (2006). Opportunity recognition as pattern recognition: How entrepreneurs “connect the dots” to identify new business opportunities. Academy of Management perspectives. pp 104 – 119

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Article summary
The article by Baron (2006) talks about the differentiating perspectives of entrepreneurs. Entrepreneurship refers to the ability of the individual to do things in a different manner and delight the consumer. While there are many individuals who want to become entrepreneurs, there are only few that become successful while others fail. This is because one of the most important requirements of a successful entrepreneur is to understand the nature of the forces impacting the environment of the business and integrate those forces together to come up with a new business idea. Experience leads to the development of human cognition and the successful entrepreneurs use their cognitive ability to establish the relations and events which are taking place in the external world...
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