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_____ is led by innovation, initiative, and the willingness to take the risks in creating an operating businesses

2 Answers

3 votes
Entrepreneurship is the answer
User Vaizki
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5 votes

Answer:

Entrepreneurship

Step-by-step explanation:

Some economists include entrepreneurship as the fourth factor of production (along with labor, land and capital). An entrepreneur is someone that is willing to take the risk of starting a new business and work on his/her own, instead of working for someone else. Entrepreneurs have been the source of many modern innovations, and several huge modern day corporations started as very humble entrepreneurships, e.g. Apple, Google, Microsoft, Amazon, etc.

User Tonylo
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