Quotes about Innovation

Disruptive technologies bring to a market a very different value proposition than had been available previously. Generally, disruptive technologies underperform established products in mainstream markets. But they have other features that a few fringe (and generally new) customers value. Products based on disruptive technologies are typically cheaper, simpler, smaller, and, frequently, more convenient to use.

But differentiation loses its meaning when the features and functionality have exceeded what the market demands.

Established firms attempt to push the technology into their established markets, while the successful entrants find a new market that values the technology.

BRAIN: A commodity as scarce as radium and more precious, used to fertilize ideas.

I'd as soon write free verse as play tennis with the net down.

When starting out, don't worry about not having enough money. Limited funds are a blessing, not a curse. Nothing encourages creative thinking in quite the same way.

In business or in life, don't follow the wagon tracks too closely.

Capitalists seem uninterested in capitalism, even as eager entrepreneurs can't get financing. Businesses and investors sound like the Ancient Mariner, who complained, 'Water, water everywhere - nor any drop to drink.'

It is an absolutely unique success of the church community to have introduced such an epoch-making change, in just a few years, without having a serious division.

Throughout history, people have studied pure science from a desire to understand the universe rather than practical applications for commercial gain. But their discoveries later turned out to have great practical benefits.

Are we a nation that educates the world's best and brightest in our universities, only to send them home to create businesses in countries that compete against us? Or are we a nation that encourages them to stay and create jobs, businesses, and industries right here in America?

The medieval university looked backwards; it professed to be a storehouse of old knowledge. The modern university looks forward, and is a factory of new knowledge.