Friday, May 13

Predictable forces in innovation

Entrepreneurs are really up against it. They are often treated with disdain as they attempt to change the order of things. Joseph Schumpeter, evolutionary economist, noted that the entrepreneur faces opposition from both the artisan, who loses out as his "craft" becomes automated and the upper classes, who initially view the entrepreneur as a parvenu.


Machiavellia in his book, The Prince, also argued that those initiating any “new system” would face resistance from a number of fronts:

"For he who innovates will have for his enemies all those who are well off under the existing order of things, and only lukewarm supporters in those who might be better off under the new."


I wonder what Michael Dell's college buddies said to him when he was building those computers in his dorm room? And I wonder what they are saying to him now?

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