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Purpose: The purpose of the present paper is to identify and evaluate the role of human capital in creating technology entrepreneurship within organizations operating in entirely new circumstances. Design/methodology/approach: In this article the qualitative method was used. Case studies of three photonics enterprises were evaluated. They are the top firms in this part of the high- technology sector. The employees of these firms have core competences and higher education degrees. Many of them are former scientists. Findings: The Covid pandemic has had a certain impact on disrupting the operation of high- tech companies’ supply chains. On the other hand, however, the threat of an international armed conflict caused by the aggression of the Russian Federation against Ukraine resulted in many competitors leaving Russia and Ukraine, which creates an opportunity for the studied companies to develop the "liberated market area” and, consequently, to expand into new markets. Originality/value: Unexpected events like the COVID-19 pandemic, conventional armed conflict may constitute a special opportunity in the context of developing technology entrepreneurship within an organization.
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