5 Quotations: Entrepreneurs Innovate – Peter Drucker

Entrepreneurs have habit of Innovation. They have capabilities for execution of new ideas. They have courage to explore new paths and walk on these paths very effectively. When opportunities are less in the system, they create a range of opportunities through effective utilization of all resources.  

They have abilities to exploit change. They have a clear understanding for moving the organisation at productive track. In this dynamic world, we are facing lots of problem due to lack of wealth. So a sense of enterpreneursship can solve these problems by thinking out of the box. 

Inventor of modern management, Peter ducker has given a new direction to entrepreneurs for practice of Innovation.  

Some of insight from peter Drucker’s Book, innovation & entrepreneurship. 

“Entrepreneurs innovate. Innovation is the specific instrument of entrepreneurships. It is an act thet endows resources with a new capacity to create wealth.”   

“Entrepreneurs see change as the norm and as healthy. Usually, they do bring about the change themselves. But –and this defines entrepreneur and entrepreneur always searches for change, responds to it and exploite is as an opportunity”   

“Entrepreneurs, by definition, shift resources form areas of low productivity and yield to areas of high productivity and yield”.    

“Everyone who can face decision making can learn to be an entrepreneur and to beahave entrepreneurially.Entrepreneurship, then, is behavior rather than personality trait. And its foundation lies in concept and theory rather on intuition” 

“To be entrepreneurial and enterprise has to have special charachtership over and above being new and small. Indeed, entrepreneur is a minority among new business. They create something new, something different; they change or transmute value”. 

So the feeling of entrepreneurship should be injected in our mental models for evolution of Innovations.    

© Ajay Singh Niranjan

—-||||||Effective Quotations by Great Thinker||||||—-

Gearge Bernard ShawMahatma Gandhi Swami Vivekananda

Peter F. DruckerWarren BennisJack Welch

Charles Darwin


Effective Artciles which align to above article. Kindly link and share your expereince.


4 Responses to “5 Quotations: Entrepreneurs Innovate – Peter Drucker”

  1. Liara Covert Says:

    I agree that entrepreneurs are often innovators. They also learn how to package their ideas in ways that enable these people to earn money. Other kinds of pioneers exist, such as philosophers, explorers, writers, creative artists and other people. Yet, all innovative people aren’t equally effective in money-making or fundraising roles. Some innovators merely compel reflection and don’t receive material rewards for their efforts.

  2. Donna Konley Says:

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  3. Don Bowlby Says:

    Here are a couple of interesting articles I found. One is on Diversity and the other is Personality Styles.


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