With little or no capital at stake, do-it-yourselfers have found it easy to take risks, both esthetic and entrepreneurial.
Indeed, taking entrepreneurial risks could destroy everything these companies have built up over the years.
This reflects not only direct costs but also the cost of carrying the land and the rewards of entrepreneurial risk.
Current attempts to promote more energetic competition and entrepreneurial risk swim against the dominant tide of upper-class values, which continue to be reproduced.
The new organisation was based on entrepreneurial risk taking, based on solid research and brave innovation.
They ought to bear some entrepreneurial risk and feel more pressure to pursue private tenants.
There was just no reward for taking entrepreneurial risk in the past.
But it also reduced the incentive to incur debt and take entrepreneurial risk.
But the best approach would be to have the government take over the entrepreneurial risks of the captain.
They invest very small amounts indeed nowadays, and only when the so-called 'entrepreneurial risk' proves to be almost nil.