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 :
- Bold ideas and inventions only emerge in an environment where people are free to speak up.
- The alluring, long-shot chance of a huge gain is the grease that lubricates the machine of innovation.
- The less you use your brain, the less it will be there for use when you need it.
- Yielding to convention yields nothing new.
- About 95 percent of new products fail.
- Innovation is a process for introducing better and new unique solution to meet out the needs and requirement of existing markets.
- It always seems impossible until it is done.
- When we dream, there are no facts. Just imagination!
- Fiscal prudence and continuous innovation are the driving forces for sustainable growth in any industry.
- Partnership elasticity stretches the relationship so it can breathe, grow, and expand.
- Our wretched species is so made that those who walk on the well-trodden path always throw stones at those who are showing a new road.
- No one who ever led a nation got there by following the path of another.
- I’ve long subscribed to the notion that technology is advancing much faster than our ability to understand its implications.
- Innovation is born out of imagination and ambition
- Creativity isn’t meant to introduce complexity it is expected to add simplicity.
- If I have a thousand ideas and only one turns out to be good, I am satisfied.
- There is nothing called failure, everything is experience.
- The history of culture is one of negativity towards new work and new ideas, to a point where public annoyance can be seen as an endorsement.
- Employment deprives you of innovations
- When the wind of change blows, some people build walls, others build windmills.