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 Drucker quotes:
Other Entrepreneurship :
- A business that makes nothing but money is a poor business.
- He who is afraid to lose, is not ready to win
- There are two kinds of companies, those that work to try to charge more and those that work to charge less. We will be the second.
- Seek advice on taking risk from a capitalist and not from a gambler.
- I think this is the start of something really big. Sometimes that first step is the hardest one, and we’ve just taken it.
- I cannot give you the formula for success, but I can give you the formula for failure which is, Try to please everybody.
- Companies are rarely criticized for the things that they failed to try. But they are, many times, criticized for things they tried and failed at.
- Actually, I’m an overnight success. But it took twenty years.
- Eighty percent of success is just showing up.
- Realistic mind does not mistaken choice with opinion.
- All things good happen by not managing time, but prioritizing attention.
- No amount of VC money or good marketing can save a bad product. Period.
- Fear is the enemy of success.
- Inaction is the biggest failure
- Humans are born to build something outrageous.
- A true entrepreneur does not start a business for the lifestyle. He starts a journey for the challenge.
- When you have exhausted all possibilities, remember this, you haven’t.
- Brand is just a perception, and perception will match reality over time.
- Disruption isn’t about what happens to you, it’s about how you respond to what happens to you.
- The most important single thing is to focus obsessively on the customer. Our goal is to be earth’s most customer-centric company.