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 :
- The value of an idea lies in the using of it.
- The moment you will stop innovating, somebody else will make your product outdated and will become the market leader.
- Innovation is the specific instrument of entrepreneurship. The act that endows resources with a new capacity to create wealth.
- Without tradition, art is a flock of sheep without a shepherd. Without innovation, it is a corpse.
- Disruption causes vast sums of money to flow from existing businesses and business models to new entrants.
- Innovators make the previously impossible possible.
- About 95 percent of new products fail.
- Starting and growing a business is as much about the innovation, drive and determination of the people who do it as it is about the product they sell.
- Healthy debating enforces critical thinking principles – looking at things from the different angles, with increased perspective and less prejudgment.
- Never tell people how to do things. Tell them what to do and they will surprise you with their ingenuity.
- The journey of innovation call for having not a new sight but having a new pair of eyes.
- Innovation is finding a better way to make things a little better.
- If I had asked the public what they wanted, they would have said a faster horse.
- Innovation is born out of imagination and ambition
- If you’re not failing every now and again, it’s a sign you’re not doing anything very innovative.
- The inventor knows HOW to borrow.
- Fiscal prudence and continuous innovation are the driving forces for sustainable growth in any industry.
- A pile of rocks ceases to be a rock pile when somebody contemplates it with the idea of a cathedral in mind.
- Security doesn’t rob ambition; the illusion of security robs ambition.
- Innovation survives only when people believe in their own ideas.