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Innovation Quotes

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Innovation Quotes

“In the history of enterprise, most of the protagonists of major new products and companies began their education - not in the classroom, where the old ways are taught, but in the factories and labs where new ways are wrought ... nothing has been so rare in recent years as an Ivy League graduate who has made a significant innovation in American enterprise.”

“One of the major challenges facing creative individuals is that of building upon the continuity of human knowledge while achieving novel insights. ... On the one hand, to intensify an inquiry and develop a sense of commitment to a creative life, the learner needs models, teachers, and collaborators. On the other hand, the individual, while building upon the past, needs to transform it, and thus broaden his or her choices.”

“Lands' End has undergone three major changes over the past couple of decades. The first was the introduction of an 800 number, in 1978; the second was express delivery, in 1994; and the third was the introduction of a Web site, in 1995. The first two innovations cut the average transaction time-the time between the moment of ordering and the moment the goods are received-from three weeks to four days. The third innovation has cut the transaction time from four days to, well, four days.”

“If one sentence were to sum up the mechanism driving the Great Stagnation, it is this: Recent and current innovation is more geared to private goods than to public goods. That simple observation ties together the three major macroeconomic events of our time: growing income inequality, stagnant median income, and the financial crisis.”

“We wanted to see how access to care can be expanded and service quality can be improved when one uses a participatory approach to program development. We showed that major changes become possible if you work in a participatory manner, listen to local people, diagnose what the problems are, provide training and identify where there are opportunities for mobilizing local resources to take action. In time leaders from other municipalities expressed interest in replication and the project succeeded in expanding innovations to three other areas.”

“Desktop publishing was a big innovation that meant small groups or even poor societies could do their own publication without the capital investment in a major printing press. That's a big difference. Same is true of more advanced technologies - it can offer plenty of liberatory possibilities - can - but whether it does or not or whether it serves for coercion depends on socioeconomic decisions.”