A Quote by Joseph A. Schumpeter
Situations emerge in the process of creative destruction in which many firms may have to perish that nevertheless would be able to live on vigorously and usefully if they could weather a particular storm.
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In a moment of stress, funding may go to systemically-important firms, which could pull funding away from firms not making the cut.
The trouble with much of the advice business is getting today about the need to be more vigorously creative is, essentially, that its advocates have generally failed to distinguish between the relatively easy process of being creative in the abstract and the infinitely more difficult process of being innovationist in the concrete.
I would lay down my life to defend any one of the States from aggression, which endangered peace or threatened its institutions. I could do more for the union, but I wish to do more; for the destruction of the union would be the destruction of all the States. A stab in the heart is worse then a cut in a limb, for this may be healed.
Understanding a theory has, indeed, much in common with understanding a human personality. We may know or understand a man's system of dispositions pretty well; that is to say, we may be able to predict how he would act in a number of different situations. But since there are infinitely many possible situations, of infinite variety, a full understanding of a man's dispositions does not seem to be possible.
The idea right now - and it may evolve - would be a live-action movie where some of his characters would be animated. To me, this movie is very much about the creative process.
Through art alone are we able to emerge from ourselves, to know what another person sees of a universe which is not the same as our own and of which, without art, the landscapes would remain as unknown to us as those that may exist on the moon.
Nothing else is as fulfilling as playing a part in which you are able to have a significant say in the creative process all the way through. How many actors get to do that? It's extremely rare.
I had a certain level of patience, but sometimes weathering the storm is a patient process. Every storm don't pass fast. Every storm, it can be passing, but it can be getting stronger and stronger or it could be coming down hard.
A united humanity will be able to confront the many troubling problems of the present time: from the menace of terrorism to the humiliating poverty in which millions of human beings live, from the proliferation of weapons to the pandemics and the environmental destruction which threatens the future of our planet.
The best way to investigate the elusive phenomenon called the creative process may well be to target all the misconceptions, to explain what the creative process is not.
[The notion of equilibrium] is a notion which can be employed usefully in varying degrees of looseness. It is an absolutely indispensable part of the toolbag of the economist and one which he can often contribute usefully to other sciences which are occasionally apt to get lost in the trackless exfoliations of purely dynamic systems.
On a given day, Serena Williams could beat some players. I believe because she's so incredibly strong mentally that she could overcome some situations where players would choke 'cause she's been in it so many times, so many situations at Wimbledon, The U.S. Open, etc. But if she had to just play the circuit - the men's circuit - that would be an entirely different story.
The process of finding the truth may not be a process by which we feel increasingly better and better. It may be a process by which we look at things honestly, sincerely, truthfully, and that may or may not be an easy thing to do.
People go to work at Wall Street firms to make a lot of money. They may not love what they are doing, but the punishing hours and travel are incredibly well-compensated. By contrast, the engineers at technology firms do believe that they can change how we all live.
Whole new businesses will emerge around breakthrough products as revolutionary technologies accelerate capitalism's creative destruction of slower industries.
Nothing convinces an artist more of the arbitrariness of the means to which he resorts to attain a goal - however permanent it may be - than the creative process itself, the process of composition.
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