A Quote by Lawrence M. Krauss

If innovations were predictable, they wouldn't be discoveries. — © Lawrence M. Krauss
If innovations were predictable, they wouldn't be discoveries.
Well into the 20th century, scholars viewed economic advances as resulting from commercial innovations enabled by the discoveries of scientists - discoveries that come from outside the economy and out of the blue.
I thought the chances of becoming a Nobel Prize laureate were minuscule because there are so many other innovations and discoveries that happen almost every day.
There are three types of innovations that affect jobs and capital: empowering innovations, sustaining innovations and efficiency innovations.
Companies, in fact, are specifically organized to under-invest in disruptive innovations! This is one reason why we often suggest that companies set up separate teams or groups to commercialize disruptive innovations. When disruptive innovations have to fight with other innovations for resources, they tend to lose out.
Some of the most important discoveries, innovations, and advances in our history have come from those seeking a new life in America.
Innovations and discoveries have created new industries giving more and more Americans better jobs and adding greatly to the prosperity and well being of all.
It's very dangerous to invent something in our times; ostentatious men of the other world, who are hostile to innovations, roam about angrily. To live in peace, one has to stay away from innovations and new ideas. Innovations, like trees, attract the most destructive lightnings to themselves.
To me, part of the magic of this era is that the very same innovations, discoveries, and technologies that are allowing us to live longer, healthier lives are also creating a healthier economy.
The reason why it is so difficult for existing firms to capitalize on disruptive innovations is that their processes and their business model that make them good at the existing business actually make them bad at competing for the disruption. Companies in fact are specifically organized to under-invest in disruptive innovations! This is one reason why we often suggest that companies set up separate teams or groups to commercialize disruptive innovations. When disruptive innovations have to fight with other innovations for resources, they tend to lose out.
Disruptive innovations create jobs, efficiency innovations destroy them.
Efficiency innovations are a natural part of the economic cycle, but these are the innovations that streamline process and actually reduce the number of available jobs.
The fact that people will be full of greed, fear, or folly is predictable. The sequence is not predictable.
Hooks need to be predictable and not predictable at the same time.
We love serious technology innovations, and there is a strong bias towards large technology innovations that are sort of disruptive to the current market.
It is commonly believed that innovations create changes - but few ever do. Successful innovations exploit changes that have already happened.
Sustaining innovations are the key to consistent performance, whereas disruptive innovations are the key to dramatic changes in power.
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