Yvette Baggen

Linking complex problem solving to opportunity identification competence within the context of entrepreneurship

Today’s working life is increasingly characterized by entrepreneurial challenges. Entrepreneurial challenges start at an individual level with the identification of entrepreneurial opportunities, which is acknowledged as one of the key competencies for lifelong learning. Since the identification of entrepreneurial opportunities relies heavily on the opportunity identification competence (OIC) of individuals, understanding the meaning of OIC is relevant. Until now, OIC has been explored in the young entrepreneurship research field. However, entrepreneurship researchers until now have not fully explored OIC. According to several authors, the research on complex problem solving (CPS) in the cognitive research field might contribute to understanding OIC. In this paper, we review the link between OIC and CPS by comparing the cognitive and entrepreneurship research fields. We argue that those who excel in identifying opportunities share core characteristics with high-level complex problem-solvers. We propose to conduct empirical research in the future to investigate the relation between OIC and CPS within a work context in order to gain more insight into OIC. We believe that the cognitive research field contributes to the entrepreneurship research field and provides a deeper understanding of the initial steps of the entrepreneurial process.

Development and application of the opportunity identification competence assessment test (OICAT) in higher education

Abstract Developing and assessing individuals’ competence to identify business opportunities is of increasing importance in the current widespread introduction of entrepreneurship programmes in higher education worldwide. However, performance tests to assess opportunity identification competence (OIC) are scarce in the entrepreneurship education literature. This study elaborates on the development and application of such a performance assessment tool: the opportunity identification competence assessment test (OICAT). In the OICAT participants are asked to generate business ideas in the area of sustainable development. This study investigated how bachelor’s students, and master’s students following entrepreneurial courses, identify opportunities. The results suggest that the OICAT is successful in tracking individual differences in OIC. The OICAT could be used as a learning-oriented assessment, helping students find out both what they already can do and what they need for further improvement.

Complex Problems in Entrepreneurship Education: Examining Complex Problem-Solving in the Application of Opportunity Identification

In opening up the black box of what entrepreneurship education (EE) should be about, this study focuses on the exploration of relationships between two constructs: opportunity identification (OI) and complex problem-solving (CPS). OI, as a domain-specific capability, is at the core of entrepreneurship research, whereas CPS is a more domain-general skill. On a conceptual level, there are reasons to believe that CPS skills can help individuals to identify potential opportunities in dynamic and nontransparent environments. Therefore, we empirically investigated whether CPS relates to OI among 113 masters students. Data is analyzed using multiple regressions. The results show that CPS predicts the number of concrete ideas that students generate, suggesting that having CPS skills supports the generation of detailed, potential business ideas of good quality. The results of the current study suggest that training CPS, as a more domain-general skill, could be a valuable part of what should be taught in EE.