These risks are especially high at the dawn of a new innovation age. Achieving the socially desirable level of innovative effort then requires either foolhardy entrepreneurs – who are willing to take high risks – or a sufficient supply of risk capital.
这一风险在新创新时代开始前尤其高昂。随后，实现社会渴望水平的创新努力要么需要依靠一根筋的企业家——他们愿意承担高风险——要么需要足够的风险资本供给。