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 :
- All human aspirations are opportunities for brands to build relationships.
- It takes people from the outside to change things on the inside. Innovation happens from outsiders.
- Innovation is born out of imagination and ambition
- Innovation is taking two things that exist and putting them together in a new way.
- Creativity is thinking up new things. Innovation is doing new things
- The world needs dreamers and the world needs doers. But above all what the world needs most are dreamers that do.
- Failure is an option here. If things are not failing, you are not innovating enough.
- Most of your innovation is hiding in plain sight, you are institutionally blinded by your legacy systems and culture.
- History is made by those who see beyond what already exists.
- Being creative is a casual thing, being artist is a professional thing.
- Value innovation, not technology innovation, is what opens up commercially compelling new markets.
- When we dream, there are no facts. Just imagination!
- Being innovative is more important than any specific innovation. Innovativeness is a way of thinking.
- When haters start to rear their ugly head, just play around with them and throw them a bone so they can go away and chew on it.
- Innovation is about practical creativity – it’s about making new ideas useful.
- Disruption isn’t about what happens to you, it’s about how you respond to what happens to you.
- Never tell people how to do things. Tell them what to do and they will surprise you with their ingenuity.
- Never fear starting. Fear never starting.
- The way to get good ideas is to get lots of ideas and throw the bad ones away.
- Of the top 10 sources of innovation, employees are the only resource that you can control and access that your competitors cannot.