Peter Drucker Innovation And Entrepreneurship Quotes & Sayings

What we need is an entrepreneurial society in which innovation and entrepreneurship are normal, steady and continuous. — Peter Drucker

The people who work within these industries or public services know that there are basic flaws. But they are almost forced to ignore them and to concentrate instead on patching here, improving there, fighting the fire or caulking that crack. They are thus unable to take the innovation seriously, let alone to try to compete with it. They do not, as a rule, even notice it until it has grown so big as to encroach on their industry or service, by which time it has become irreversible. In the meantime, the innovators have the field to themselves. — Peter F. Drucker

The companies that refused to make hard choices, or refused to admit that anything much was happening, fared badly. If they survive, it is only because their respective governments will not let them go under. — Peter F. Drucker

Innovation is the specific instrument of entrepreneurship ... the act that endows resources with a new capacity to create wealth. — Peter F. Drucker

Entrepreneurs innovate. Innovation is the specific instrument of entrepreneurship. — Peter F. Drucker

And it is change that always provides the opportunity for the new and different. Systematic innovation therefore consists in the purposeful and organized search for changes, and in the systematic analysis of the opportunities such changes might offer for economic or social innovation. — Peter F. Drucker