Friday, November 18, 2011
Intriguing Quote from Goethe on Innovation
Our generation needs an ENTREPRENEURIAL REVOLUTION.
I read this from a Drucker book, Innovation and Entrepreneurship. I like and am intrigued by this quote. This is the main reason why we need entrepreneurship and innovation.
"Vernuff wird Unsinn
Wohltat, Plage"
- Goethe
Reasons become nonsense/ Boons afflictions.
It is nice to reflect on this. What is trending now is not trending tomorrow. Fossil fuel was a boon
in l85l. Now is it is cause of global warming and climate change. Internet was a boon but brought with a lot of problems too.
Democracy and communism made a lot of sense then. And even capitalism. Now they need to be modified and some new ideas and movement replace them. Like social capitalism; Capitalism is being criticized now and may need to be modified/replaced.
Milton Friedman, Keynes, Adam Smith were popular then. But you now have new ideas replacing them like that of Sachs. etc. What was reasonable then, becomes passe.
Innovators and entrepreneurs spread the change. They make new sense and cure afflictions.
I read this from a Drucker book, Innovation and Entrepreneurship. I like and am intrigued by this quote. This is the main reason why we need entrepreneurship and innovation.
"Vernuff wird Unsinn
Wohltat, Plage"
- Goethe
Reasons become nonsense/ Boons afflictions.
It is nice to reflect on this. What is trending now is not trending tomorrow. Fossil fuel was a boon
in l85l. Now is it is cause of global warming and climate change. Internet was a boon but brought with a lot of problems too.
Democracy and communism made a lot of sense then. And even capitalism. Now they need to be modified and some new ideas and movement replace them. Like social capitalism; Capitalism is being criticized now and may need to be modified/replaced.
Milton Friedman, Keynes, Adam Smith were popular then. But you now have new ideas replacing them like that of Sachs. etc. What was reasonable then, becomes passe.
Innovators and entrepreneurs spread the change. They make new sense and cure afflictions.
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