A Quote by Edmund Phelps
Entrepreneurs' willingness to innovate or just to invest - and thus create new jobs - is driven by their 'animal spirits,' as they decide whether to leap into the void.
Related Quotes
Economic growth creates jobs, and countries grow when they educate their people and pursue policies that encourage households to save, existing businesses to invest, and entrepreneurs to innovate and create new markets.
I always believed in animal spirits. It's not their existence that is new. It's the fact that they are not random events, but actually replicate in-bred qualities of human nature which create those animal spirits.
We need policies that will allow U.S. companies to invest in their business, innovate for the future, and create U.S. jobs.
It's easy to say that entrepreneurs will create jobs and big companies will create unemployment, but this is simplistic. The real question is who will innovate.
The way we're really going to grow the economy is to invest in people, to invest in innovation, to have the federal government put money in the kind of research that will create the new high-technology, biotechnology industries that will create the millions of new jobs.
The way we're really going to grow the economy is to invest in people, to invest in innovation, to have the federal government put money in the kind of research that will create the new high-technology, bio-technology industries that will create the millions of new jobs.
Regardless of the administration or who's in Congress, when you look at the outcomes of what what's been happening, there are opportunities for us to invest in infrastructure, to create more equity, to invest in new technologies, to create future - jobs focused on the future not industries from the past.
I think entrepreneurs are born and not created, and so I think you see a lot of similarities among entrepreneurs in different parts of the world. Their backdrop may be very different, but their drive to create a business and to create jobs remains very much the same, whether it's in Silicon Valley or Kandahar or Kabul.
When you innovate, you create new industries that then boost your economy. And when you create new industries and that becomes part of your culture, your jobs can't go overseas because no one else has figured out how to do it yet.
Entrepreneurs are not driven by fear; they are driven by the idea to create impact.
We are a small country. That means there will be lots of similarities in policies. The priorities are about the same issues - you have to create more jobs; you have to invest in people so they are qualified for the jobs the new economy will bring.
The government itself cannot create jobs. Jobs are created by business people and entrepreneurs.
First thing we're going to do with the benefits of tax reform is we're going to invest in innovation. We're going to invest in capital, new product lines. It's going to create more manufacturing jobs and our shareholders are going to benefit, too. We're going to improve dividends, share repurchase.
The Recovery plan will put money in the pockets of the American worker, create and save millions of new jobs and invest in crucial areas such as health care, education, energy independence and a new infrastructure.
I've always been passionate about technology. Starting tech businesses was a very natural extension. Thus, keeping up to date with latest trends is not a process driven activity for me. If one wants to innovate or even survive in today's competitive world, one must keep abreast of emerging new technologies.
Philanthropy is often seen as society's risk capital. That means the onus is on philanthropists, nonprofit leaders and social entrepreneurs to innovate. But philanthropic innovation is not just about creating something new. It also means applying new thinking to old problems, processes and systems.
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