A Quote by Joseph A. Schumpeter
The function of entrepreneurs is to reform or revolutionize the pattern of production by exploiting an invention or, more generally, an untried technological possibility for producing a new commodity or producing an old one in a new way, by opening up a new source of supply of materials or a new outlet for products, by reorganizing an industry and so on.
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The strategic stimulus to economic development in Schumpeter's analysis is innovation, defined as the commercial or industrial application of something new---a new product, process or method of production, a new market or source of supply, a new form of commercial, business or financial organization.
I think my function working in China is to bring my experience and what we've gone through in the Hong Kong industry to China. I hope there'll be more and more new Chinese companies with vision, that understand producing and film financing. My plan for the future is to work with as many new companies as possible, to pass on my experience as to what is commercial film.
The source of innovation is freedom. All we have - new knowledge, invention - comes from freedom. Discoveries and new knowledge come from freedom. When somebody is responsible only to himself, [has] only himself to satisfy, then you'll have invention, new thought, now product, new design, new ideas.
If there's a new idea, a new invention, or a new gas, or a new whatever you know, It should be brought at least into the open instead of carrying these same old burdens around with you.
To be born again is, as it were, to enter upon a new existence, to have a new mind, a new heart, new views, new principles, new tastes, new affections, new likings, new dislikings, new fears, new joys, new sorrows, new love to things once hated, new hatred to things once loved, new thoughts of God, and ourselves, and the world, and the life to come, and salvation.
There is much that public policy can do to support American entrepreneurs. Health insurance reform will make it easier for entrepreneurs to take a chance on a new business without putting their family's health at risk. Tort reform will make it easier to take prudent risks on new products in a number of sectors.
For a sculptor, a painter, a weaver, a potter, the dialogue between one's materials and what one makes from them is easy to see: discover a new material or a new way to use a familiar one, and new things can be made, sometimes leading to the discovery of more new material, leading to more creation.
I'm sensitive about the criticism [for not producing new playwrights], yes. But I'm hip to it as well. I read 500 new plays a year, and 99.99 percent of them are not good. I see no reason to do a new play just because it's new. It's like kissing your sister, a virtue, but so what? It seems to me more worthwhile to take a proven playwright and say, Write something for us.
Why do eight out of ten new consumer products fail? Sometimes because they are too new. The first cold cereals were rejected by consumers. More often new products fail because they are not new enough.
Jesus of Nazareth ushers in not simply a new religious possibility, not simply a new ethic or a new way of salvation, but a new creation.
New materials are one of the great afflictions of contemporary art. Some artists confuse new materials with new ideas.
Sampling is a new way of doing something that’s been with us for a long time […] The mix breaks free from the old associations. New contexts form from old. The script gets flipped. The languages evolve and learn to speak in new forms, new thoughts. The sound of thought becomes legible again at the edge of the new meanings.
Unnamed entertainment industry moguls are now telling the New York Times that they intend never to work with Mel Gibson again. After all, how dare Mel Gibson challenge the public by producing a film that spurs public discussion, that pushes the envelope, that takes an old story to a new level. How dare Mel Gibson follow his own passion as a filmmaker. How dare he make $20 million on the opening day box office!
[There are] seven gifts God gives you when you commit your life to Christ: a new relationship, a new citizenship, a new family, a new purpose, a new power, a new destiny, and a new journey.
Thoughts create a new heaven, a new firmament, a new source of energy, from which new arts flow.
It's time to fundamentally change the way that we do business in Washington. To help build a new foundation for the 21st century, we need to reform our government so that it is more efficient, more transparent, and more creative. That will demand new thinking and a new sense of responsibility for every dollar that is spent.
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