A strategic model for opportunity recognition and entrepreneurship within rural and agricultural regions

This paper establishes a strategic model of how opportunity recognition should be interpreted within a rural economic region, with the view of providing entrepreneurs with a tool which can support venture creation and business growth. The resources available which can help support and improve regional competitiveness are heavily dependent on the characteristics of that region. The core factors used within the model are Regional Capital, Decision Making Institutions, Regional Connectivity, Natural Capital, Provenance, Social Networks, Educational Base, Innovation Agents, Economic Structure and finally Entrepreneurial Ecosystem