Why do they not have to bet in what is less dangerous?
Israel has to focus, concentrate its money, and place its bets on a very limited number of technologies if it is to spend enough money on any one technology to have any chance of success. If it spends very small sums in all areas, it will end up wasting all of its resources. But if it must focus its bets, in what areas should it focus? No one knows. Since small countries and companies have to bet in what is an intrinsically riskier, more uncertain environment, they not surprisingly tend to bet less.
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"Since small countries and companies have to bet in what is an intrinsically riskier, more uncertain environment
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I don't know why the comparative degree is used. Why do small countries have to bet in what is riskier environment? Why do they not have to bet in what is less dangerous?
Please help me!
Thanks!