Innovation is the specific instrument of entrepreneurship. The act that endows resources with a new capacity to create wealth.
Innovation is the specific instrument of entrepreneurship. The act that endows resources with a new capacity to create wealth.

Similar Peter F. Drucker quotes:
Other Innovation Quotes :
- Disruptors don’t have to discover something new; they just have to discover a practical use for new discoveries.
- Partnership elasticity stretches the relationship so it can breathe, grow, and expand.
- Curiosity is crucial for innovation. We are all born curious, but only a small number of people remain curious for a lifetime.
- Being right keeps you in place. Being wrong forces you to explore.
- Customers often know more about your products than you do. Use them as a source of inspiration and ideas for product development.
- Creativity is the DNA of innovation, the virus of evolution, the antidote to automation
- Creating something from nothing is ingenious. Creating something from something is smart.
- If Da Vinci had to tweet 5 times a day, we’d still be riding bicycles.
- Innovation is the change, Change Management needs to be an integral part of innovation management.
- Being innovative is more important than any specific innovation. Innovativeness is a way of thinking.
- Be the initiator of things you wish to see, but can’t see. Be the originator of things you wish you feel but can’t feel.
- If you’re not failing every now and again, it’s a sign you’re not doing anything very innovative.
- The moment you will stop innovating, somebody else will make your product outdated and will become the market leader.
- Innovation is the use of tools and techniques which extend human capability and which are new to an organization.
- Before innovation – or practical creativity – there is insight. You must see the world differently.
- The only thing that makes sense to do is strive for greater collective enlightenment.
- If you are not innovating, you are deteriorating.
- Self-discipline coupled with passion and innovation will get you far in this world.
- Innovation is the introduction of new things, ideas or ways of doing something.
- By questioning all the aspects of our business, we continuously inject improvement and innovation into our culture.