It is sometimes said that the first step to finding a solution is to understand the problem, so if the problem were misconstrued it might indeed hinder the search for a solution.
You might continue to look in the wrong place and never find the solution. On the other hand, you might stumble on the solution by accident, or you might realize you were getting nowhere and go back and re-examine the problem and spot your mistake.
In your original sentence you could replace misconstrues with confuses the nature of a characterization "confuses the nature of a problem and the way to its solution" It's very likely that it would complicate solving it.