“…In general, entrepreneurial recognition means that an incentive is a mixture of social factors and external conditions and the subjective opinions and ideas of the entrepreneur (Phillips and Tracey, 2007;Gilmore et al 2020). There are possibilities for producing new goods, services, systems, business models and strategies that offer entrepreneurs the opportunity to profit from the gap between the cost of manufacturing and the price of revenue (Bojica et al 2012;Werhahn et al 2015;Crick et al 2020;Sadiku-Dushi and Ramadani, 2020;Jahanshahi et al 2020). The opportunities arise from various sources: emerging technologies, unresolved challenges, demand for products, business model development, restructuring of the industry, changing market perceptions, innovation and recombination of knowledge.…”