THE ENTREPRENEUR AND THE SUPPLY OF CAPITAL 21
again ownership fell to “active” capital, theories of risk-bearing
sprang into existence.
As a matter of fact neither form of theory is exclusively applicable,
 even as a statement of the attachment of profits. In those
industries where large capital, fixed capital and valuable goodwill
 are the rule, the risk theory fits the facts better. But in
other kinds of enterprise where small capital, circulating capital
and relatively unimportant good-will hold the field, the theory
of business management accords better with the facts. Moreover,
 it must be admitted that in most cases some admixture of
the two theories is better than either alone.