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 greatest discovery is self-discovery.
- Progress is made by lazy men looking for easier ways to do things.
- Innovation is the introduction of something new. This something is further defined as a new idea, method, or device.
- Without tradition, art is a flock of sheep without a shepherd. Without innovation, it is a corpse.
- There is no innovation and creativity without failure. Period.
- Failure is an option here. If things are not failing, you are not innovating enough.
- To push the boundaries of your reality, you have to push the boundaries of your mind.
- Sometimes imagination outsmarts intelligence and enthusiasm outshines experience.
- Don’t be afraid to take big steps when one is indicated. You can’t cross a chasm in two small jumps.
- What good is an idea if it remains an idea? Try. Experiment. Fail. Try again. Change the world.
- Successful innovation requires commitment, consistency, and collaboration
- If you are not annoying someone you are not doing anything new.
- I became an entrepreneur because I wanted to innovate to improve people’s lives, not to become a pesky, spam-crazy nuisance.
- If an innovative piece of software comes along, Microsoft copies it and makes it part of Windows. This is not innovation; this is the end of innovation.
- If humans can live for 100 years, why do companies die so young.
- Learning to fail is a virtue. Failing to learn is a sin.
- You never change things by fighting the existing reality. To change something, build a new model that makes the existing model obsolete.
- We are not here to question the possible, we are here to challenge the impossible
- I have always been driven to buck the system, to innovate, to take things beyond where they’ve been.
- Healthy debating enforces critical thinking principles – looking at things from the different angles, with increased perspective and less prejudgment.