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 :
- When it comes to innovation, an ounce of execution is worth mroe than a ton of theory
- I became an entrepreneur because I wanted to innovate to improve people’s lives, not to become a pesky, spam-crazy nuisance.
- Failure is an option here. If things are not failing, you are not innovating enough.
- I believe you have to be willing to be misunderstood if you’re going to innovate.
- I have not failed. I’ve just found 10,000 ways that won’t work.
- A mind get its rest when it is meditative and a mind get its respect when it is creative.
- Innovation is starting the use of new methods in social, cultural and administrative environments to adapt to changing conditions.
- A high degree of autonomy is what permits innovation, experimentation and risk taking in a bureaucracy.
- If you are not prepared to take risks, make mistakes, feel your fear and take a bold step forward anyway…you’ll never come up with anything original.
- Whatever has happened in my quest for innovation has been part of my quest for immaculate reality.
- In this digital age with its speed of change, any brand that refuses toinnovate will die
- Innovation is an idea, practice or object that is perceived as new by an individual or other unit of adoption.
- Self-discipline coupled with passion and innovation will get you far in this world.
- Creativity is the DNA of innovation, the virus of evolution, the antidote to automation
- If you’re not failing every now and again, it’s a sign you’re not doing anything very innovative.
- We are not creators; only combiners of the created. Invention isn’t about new ingredients, but new recipes. And innovations taste the best.
- The true work of innovation is not coming up with something big and new, but instead recombining things that already exist.
- By questioning all the aspects of our business, we continuously inject improvement and innovation into our culture.
- Whatever has happened in my quest for innovation has been part of my quest for immaculate reality.