Wednesday, August 26, 2020

When innovation was outcast

When the word entrepreneur first puttered across the Atlantic by steamship in the late nineteenth century, it described a special type of person: a risk taker who reshaped an industry through innovation.

Joseph Schumpeter, the economist who popularized its use, described entrepreneurs as revolutionaries and “wild spirits.”

They were outcasts living on the edge of civilization, doing things that hadn’t been done.
Source: The Innovation Stack: Building an Unbeatable Business One Crazy Idea at a Time by Jim McKelvey

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