Читать книгу Creating Risk Capital - Ian Whalley - Страница 25

There is accordingly a rich heritage of enterprise in Britain and elsewhere, so it is worth examining how these diverse enterprises came into being. Important factors include the role of the entrepreneur, a secure environment with developed systems of law and property rights, and the facility of capital and credit systems. The introduction of the limited company as a vehicle for business and enterprise also made a major contribution to the development of business in Britain and elsewhere by enabling investors to limit their otherwise open-ended liability to the amount of their investment. We will now look at these four factors in turn.