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Innovation Quotes

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Innovation Quotes

“The recent period has been marked by a transformation to an economy that is more productive as competitive forces become increasingly intense and new technologies raise the efficiency of our businesses...While these tendencies were no doubt in train in the "old," pre-1990s economy, they accelerated over the past decade as a number of technologies with their roots in the cumulative innovations of the past half-century began to yield dramatic economic returns.”

Has BeensPastForceNumbersHalfTechnologyEconomyDoubtEconomicCenturyReturnPeriodsRootsTransformationInnovationRaisesTrainDecadesIntenseTendenciesDramaticNo DoubtProductiveYieldEfficiencyOver The PastNew TechnologyCumulative
Author:Alan Greenspan
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“So, we've gone from covered wagons to going to the moon in just under 100 years. For all the centuries and thousands of years before us, people walked or rode horses, cows, camels or whatever. This so-called modern era, from the late 19th century through now, has been the period of the most amazing development, discovery, innovation and acceleration of change that humans have ever experienced. And it hasn't slowed down yet.”

PeopleYearsHumansHas BeensGoneModernCenturyDevelopmentPeriodsMoonLateDiscoveryHorseInnovationErasCoveredCows19th CenturyMost AmazingCamelsWagonsAccelerationModern Era
Author:Edgar Mitchell
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“The mere possession of monopoly power, and the concomitant charging of monopoly prices, is not only not unlawful, it is an important element of the free-market system. The opportunity to charge monopoly prices - at least for a short period - is what attracts 'business acumen' in the first place; it induces risk taking that produces innovation and economic growth.”

FirstsImportantOpportunityGrowthRiskEconomicProducePeriodsElementsInnovationCompetitionMerePossessionFree MarketMonopolyEconomic GrowthRisk-takingChargingUnlawfulAcumenMonopoly Power
Author:Antonin Scalia
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