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Innovation Quotes

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Innovation Quotes

“Electricity is an example of a general purpose technology, like the steam engine before it. General purpose technologies drive most economic growth, because they unleash cascades of complementary innovations, like lightbulbs and, yes, factory redesign.”

Purpose Growth Technology Economic Example Innovation Engines Factories Electricity Economic Growth Steam Complementary Cascade Steam Engines Redesign

Author:Erik Brynjolfsson

“Most people would say 'the deets', but I say 'the tails'. Just another example of innovation.”

People Example Innovation Tails

Author:Aziz Ansari

“I think consumerism breeds dissatisfaction, and I think that the advertisers play to that. So I cannot be comfortable with that. On the other hand, the cornucopia of products and innovation - I love Apple, for example. That's a temple of consumerism in many ways.”

Thinking Way Play Hands Example Products Comfortable Innovation Apples Temples Consumerism Dissatisfaction Advertisers

Author:John Elkington

“Compliance does not foster innovation, trust does. You can't sustain long-term innovation, for example, in a climate of distrust.”

Long Doe Term Example Innovation Climate Long Term Distrust Compliance

Author:Stephen Covey

“We can see how the role of mobile has changed in past 20 years. It is a perfect example of how one innovation can change an entire era.”

Years Past Perfect Roles Technology Example Changed India Innovation Eras Mobile Information Technology

Author:Narendra Modi

“Year after year after year, people write books about managing innovation or about leadership, for example, without ever going through the pain of saying, "This kind of leadership will cause this result in these circumstances and a very different result in those circumstances." This is academic malpractice of the worst kind.”

People Writing Years Kind Book Different Pain Causes Results Worst Example Circumstances Innovation Academic Malpractice

Author:Clayton Christensen

“If we look at Germany's infrastructure policy, it has been driven by its mission-oriented focus on green infrastructure. This affects both innovation and infrastructure, old industries and new. The German steel industry, for example, has adapted to the policy by lowering its material content through a 'repurpose, reuse and recycle' strategy.”

Ifs Looks Has Beens Focus Policy Example Materials Industry Innovation Green Strategy Missions Driven Germany Steel Infrastructure Adapted Reuse Steel Industry

Author:Mariana Mazzucato

“The trouble is that the risks that are being hedged very well by new financial securities are financial risks. And it appears to me that the real things you want to hedge are real risks, for example, risks in innovation. The fact is that you'd like companies to be able to take bigger chances. Presumably one obstacle to successful R&D, particularly when the costs are large, are the risks involved.”

Want Wells Real Facts Able Chance Company Successful Risk Trouble Security Example Involved Cost Bigger Innovation Financial Obstacles Real Things Financial Risk Financial Security

Author:Kenneth Arrow

“It is irrational to charge high prices for socially valuable innovations as this guarantees that they will be underutilized. It is much better to sell them at cost and then to reward the innovator in some other way. This is not always possible, because in some cases the value of an innovation is in the eye of the beholder; it's very difficult to value how much a new Madonna song is worth, for example. But in the case of medicines, green technologies and seeds in agriculture, such an alternative reward mechanism is fairly straightforward.”

“Is it not the glory of the people of America, that whilst they have paid a decent regard to the opinions of former times and other nations, they have not suffered a blind veneration for antiquity, for custom, or for names, to overrule the suggestions of their own good sense, the knowledge of their own situation, and the lessons of their own experience? To this manly spirit, posterity will be indebted for the possession, and the world for the example of the numerous innovations displayed on the American theatre, in favor of private rights and public happiness.”

Source: The Essential Federalist: A New Reading of the Federalist Papers

“I'm not for pretending that bad stuff doesn't exist, and a passion for justice and truth is a libertarian trait. But the idea of liberty should also reveal new forms of beauty in the world, astonishing evidence of order without dictate, lovely examples of innovation without planning, and other magical things. Surely these deserve some attention too.”

World Should Ideas Form Order Passion Stuff Justice Attention Liberty Example Truth Is Evidence Deserve Innovation Libertarian Lovely Planning Pretending Traits Astonishing Bad Stuff

Author:Jeffrey Tucker

“In the same way that you're driven in your business to keep innovating - Facebook is a wonderful example of constant innovation - think about doing that in philanthropy.”

Thinking Way Wonderful Example Innovation Constant Driven Philanthropy

Author:Pierre Omidyar