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Innovation Quotes

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Innovation Quotes

“Any money the government spends must be taxed, borrowed or conjured out of thin air by the Federal Reserve, and that will reduce sound private investment. Obama has no real wealth to inject into the economy. He can only move around existing money while inflation robs us of purchasing power. Meanwhile, private investors who might have produced a better engine, battery, computer, cancer treatment or other wealth-creating and life-enhancing innovations hold back for fear that big government will undermine productive efforts.”

“Innovation distinguishes between a leader and a follower.”

“"Hypercoherence" is one of the most dangerous threats to the long-term survival of our civilization. Hypercoherence is the close efficient linkage of all parts of the world economic, communication and transport systems. It has been crucial in the spread of great innovations, the rise of world wealth, and even the dissemination of democratic concepts and ethical values and the defeat of oppressive regimes.”

“Many pioneers of these industrial changes, it is true, became rich. But they acquired their wealth by supplying the public with motor cars, airplanes, radio sets, refrigerators, moving and talking pictures, and variety of less spectacular but no less useful innovations. These new products were certainly not an achievement of offices and bureaucrats.”

“In the eighties and nineties, the innovation agenda was exclusively focused on enterprises. There was a time in which economic and social issues were seen as separate. Economy was producing wealth, society was spending. In the 21st century economy, this is not true anymore. Sectors like health, social services and education have a tendency to grow, in GDP percentage as well as in creating employment, whereas other industries are decreasing. In the long term, an innovation in social services or education will be as important as an innovation in the pharmaceutical or aerospatial industry.”

“Innovation is the specific instrument of entrepreneurship. The act that endows resources with a new capacity to create wealth.”

“The greatest innovators and history makers of our world were not great because of the formal school system but because of self-development through the proper investment and conversation of time.”