Abstract: Risk – taking and Entrepreneurship are two associated words finding out within the innovation literature. Within the most definitions, innovations are related to risk and risk – taking. One in every of the foremost important factors within the innovation plus success is their risk – taking. Innovators should be risk – taker to realize their concepts. During this article, we tend to study the connection between innovation and innovators and risk – taking and also the importance of the result of risk– taking over innovation.