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Innovation Quotes

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Innovation Quotes

“The genius of capitalism lies in its ability to make self-interest serve the wider interest. The potential of a big financial return for innovation unleashes a broad set of talented people in pursuit of many different discoveries. This system, driven by self-interest, is responsible for the incredible innovations that have improved so many lives.”

“The pioneer labor historian John Commons was not wrong when he wrote around World War One that exploiting and deepening such tensions as outpacing scientific management among U.S. innovations where bossing was concerned. Amidst the general miseries of proletarianization, workers also learned that one source of meager benefits and protections could lie in claiming a white skin.”

“The difficulty lies, not in the new ideas, but in escaping from the old ones.”

“**New business concepts are always, always the product of lucky foresight.** That's right - the essential insight doesn't come out of any dirigiste planning process; it comes form some cocktail of happenstance, desire, curiosity, ambition and need. But at the end of the day, there has to be a degree of foresight -- a sense of where new riches lie. So radical innovation is always one part fortuity and one part clearheaded vision. [first-line bold by author] [2002] p.23”

“Part of the puzzle, surely, lies in the disconnect between official rhetoric and lived realities. Americans are constantly extolling “traditions”; litanies to family values are at the center of every politician’s discourse. And yet the culture of America is extremely corrosive of family life, indeed of all traditions except those redefined as “identities” that fit in the larger patterns of distinctiveness, cooperation, and openness to innovation.”

“We know where most of the creativity, the innovation, the stuff that drives productivity lies-in the minds of those closest to the work. It's been there in front of our noses all along while we've been running around chasing robots and reading books on how to become Japanese-or at least manage like them.”