Venture capitals and public funding authorities need to carefully consider the incentive issues of entrepreneurs when providing support. In allocating resources to potentially competing innovators, there is a trade-off between the risk of innovation failure and rent dissipation : diverse investment lowers the risk of having no successful innovation but also reduces the expected profit from the post-innovation market.
PTELook at the text below. In 35 seconds, you must read this text aloud as naturally and clearly as possible. You have 35 seconds to read aloud.
Recorded Answer
Current status:
Beginning in 35 seconds.