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This is a library of quotes and excerpts from books, periodicals, and real-life conversations. The material focuses generally on technology as it concerns business communications, innovation, entrepreneurship, and trends. If you have a good quote or reference, tell us. The current topic is Innovation and Business Creativity.
Entrepreneurs fill a process need: "Opportunities for innovation based on process need can be found systematically." p75 On knowledge-based innovation: "Knowledge-based innovation is the "super star" of entrepreneurship. It gets the attention. It gets the money. It is what people normally mean when they talk of innovation . . . (and it) has the longest lead time of all innovations. There is, first, a long time span between the emergence of new knowledge and its becoming applicable to technology. And then there is another long period before the new technology turns into products, processes, or services in the marketplace.. . Until all needed knowledge can be provided, knowledge-based innovation is premature and will fail . . . Indeed, until all the "knowledges" converge, the lead time of a knowledge-based innovation usually does not even begin."  Excerpts from Gerald Udell, Ph.D., "Exploring the Innovation Process," publ. 1990: "Corporations may have the bulk of the substantial technical, financial, and managerial resources essential to the latter stages of the innovation process. They lack, however, the creativity and entrepreneurial spirit so essential to the early stages. As a result, they tend to be cautious and conservative and devote their immense resources to pursuing incremental improvements instead of venturing into the risky world of real innovation." "Non-corporate (independent and small business) inventors, on the other hand, frequently have little more than creativity and a high propensity to take risk going for them as they enter into the innovation process." "Until such time that corporations and established institutions develop the entrepreneurial spirit upon which industrial innovation feeds, small business and independent innovators may continue to be the major source of products, processes, and service." "Examples abound. Of the eleven major inventions in the steel industry, four were from Europe and seven resulted from the effort of independent inventors; all seven major inventions in the refining and cracking of petroleum were made by independent inventors, and in aluminum . . . the major producers accounted for only one in seven in a group of 149 important inventions." pp4-5 Excerpts from John Kao, "Jamming: The Art and Discipline of Business Creativity," publ. 1996: "Eight reasons why business creativity is more critical right now than at any other previous point in history:
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