Interesting take on uncertainty and entrepreneurialism- Without devaluing Knight's ideas about uncertainty being the driver of a firm's existence, I would add that risk and uncertainty are very closely linked, if not synonyms in certain cases. The entrepreneur or investor cannot have one without the other.
Interesting take on uncertainty and entrepreneurialism- Without devaluing Knight's ideas about uncertainty being the driver of a firm's existence, I would add that risk and uncertainty are very closely linked, if not synonyms in certain cases. The entrepreneur or investor cannot have one without the other.