qtp 11 , win 7 , IE 8

[mvuyy001]

Hi,
there are 2 things that you can try:
1. Right Click and run QTP as an Administrator and then try recording or recognizing objects.
2. Open QTP, go to Record and Run Settings and navigate to the Web tab and change the settings from a specific browser settings to 'Record on any open browser' setting and then try recording or recognizing objects.

Hope this helps.

Thanks
MV