This paper investigates traits and capabilities affecting an individual’s opportunity recognition. We propose three categories of individual antecedents: entrepreneurial self-efficacy, problem-solving ability, and entrepreneurial imaginativeness. Using a dataset of more than 300 students, we examine correlations between these latent constructs as well as heterogeneity across observable student characteristics. Our findings indicate that students’ perceived entrepreneurial self-efficacy and entrepreneurial imaginativeness promote opportunity recognition. Moreover, the three antecedents show positive correlations among one another. Regarding socio-demographic characteristics, our results show that opportunity recognition is significantly lower among female students and those who did not attend entrepreneurship courses. The article ends with presenting the conclusions of the results, an overview of research limitations, and insights into future research.