Saturday, October 8

Brains and brawn

Joseph Schumpeter (yes, I'm quoting him again) claimed that "innovation is ultimately not an act of intellect but of will." He is essentially talking about the thinking part of the innovation process and the doing part of the innovation process (or initiation stages and implementation stages). I would guess that Schumpeter was really trying to get the message across that the thinking part is not enough in itself. Obvious, and often forgotten.

You often hear claims such as, "They stole my idea." What people should be saying here is "Their will was stronger than mine to make it a success." Of course, it isn't always as simple as that, but oftentimes ideas just never make it out of the starting gate.

Here's an interesting article I found on entrepreneurship in .pdf format.

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