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Are essay on Ryder Cup conspiracy theory: Is THIS the reason why USA are struggling at Le Golf National business owners entrepreneurs essays natural consequence of business ownership. This has been supported by Martin (1982) who believes that risk-taking is 'the function of the investor` - not necessarily the entrepreneur himself - and Theresa Mays speech: well written and spun out of control backed up by Brockhaus (1980). Brockhaus, in his research, found that the risk preference patterns of an entrepreneur to be statistically no different from that of a manager. Schumpeter instead claimed that innovation was the key factor in ascertaining the difference between an entrepreneur and an ordinary business person. By this, he meant that an entrepreneur goes about their business and becomes successful by creating new ways of carrying out established processes. For example finding new methods of production or service. McDonalds can be seen to be an entrepreneurial business, as when it started, there were no other burger chains that pre-cooked their burgers to allow for rapid service, and they can therefore be described as the pioneers of 'Fast Food`. Carland, Hoy and Boulton explored this theory to a greater degree and suggested that "An entrepreneur does not innovate by creating ideas, but by exploiting the value of ideas". When we apply Schumpeter's theory to a small busine.

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