A Quote by Steven Levitt

The major challenge facing most foundations is that they are risk averse. This inhibits their ability to experiment and commit to the experimentation and innovation process.

Steven Levitt

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Ability Challenge Commit Experiment Experimentation Facing Foundations Innovation Major Most Process Risk

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Steven Levitt
American - Economist
Born: May 29, 1967

I don't think the government should touch art. Governments are risk averse. They encourage risk-averse personalities to be artists.

Dave Hickey

If you think in terms of major losses, because losses loom much larger than gains - that's a very well-established finding - you tend to be very risk-averse. When you think in terms of wealth, you tend to be much less risk-averse.

Daniel Kahneman

It’s a similar feeling from being in a community of punk rockers as a teenager and the feeling I still get today when I’m in a community of skeptical scientists. The idea with both is that you challenge authority, you challenge the dogma. You challenge the doctrine in order to make progress. The thrill of science is the process. It’s a social process. It’s a process of collective discovery. It’s debate, it’s experimentation and it’s verification of claims that might be false. It’s the greatest foundation for a society.

Greg Graffin

The most resilient companies foster a pervasive culture of innovation at all levels of the organization - one that values risk-taking, embraces experimentation and considers failure an inevitable part of thinking boldly.

Lynne Doughtie

Discord or jealousy inhibits the ability of the Holy Ghost to teach us and inhibits our ability to receive light and truth. And the feelings of disappointment that invariably follow are the seeds of greater discord and faultfinding among those who expected a learning experience that did not come.

Henry B. Eyring

As a traditionally risk-averse nation, India has rarely been at the forefront of innovation. Indian companies have mostly imitated others and became very good at it.

Kiran Mazumdar-Shaw

Risk in art is experimentation. There is no sorrow in self-driven experimentation.

Robert Genn

I'm generally risk averse, and most great entrepreneurs I know are as well.

Jason Fried

The 'Amazing' can only be created by facing fear, risk and failure during the process.

Joel Brown

The greatest challenge to most innovation centers around the world is many nations' punitive attitudes towards failure. In most of the world, if your first business fails, no one will work with you again. But, trial and error is the genesis of innovation.

Jay Samit

A key ingredient in innovation is the ability to challenge authority and break rules.

Vivek Wadhwa

Global climate change has a profound impact on the survival and development of mankind. It is a major challenge facing all countries.

Hu Jintao

Signing to a major label was an experiment for us. It was a challenge: working in a big studio with a producer was a challenge in a lot of ways. It all shaped what the band went on to become through the '90s. After we made 'Goo,' we went out and toured with Neil Young in ice hockey arenas for three months, and that was the same kind of thing.

Lee Ranaldo

AIDS is the biggest challenge, the major disaster facing this country and we would have wished for something more specific and far-reaching.

Mangosuthu Buthelezi

You have to absolutely commit to whatever your process is and attack that process every single day, of trying to get better, take steps forward, without getting caught up in the immediate results that everybody wants to see. That's probably the biggest challenge.

Erik Spoelstra

The better you work to find the pain point and problem facing a diversity of users, the more clearly you can DEFINE the goal when you implement the process for culturally intelligent innovation.

David Livermore

A Quote by Steven Levitt

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