The ultimate resource in economic development is people. It is people, not capital or raw materials that develop an economy.

We can't make people better by trying to eliminate their weaknesses, but we can help then perform better by building on their strengths.

Few relationships are as critical to the business enterprise as the relationship to the government. Managers have responsibility for this relationship as part of their responsibility to the enterprise itself. It is an area of social impact of the business. To a large extent the relationship to government results from what businesses do or fail to do.

If you want to predict the future create it.

Shoes are real. Money is an end result.

Innovation is the specific instrument of entrepreneurship. The act that endows resources with a new capacity to create wealth.

Entrepreneurship rests on a theory of economy and society. The theory sees change as normal and indeed as healthy. And it sees the major task in society – and especially in the economy – as doing something different rather than doing better what is already being done. This is basically what Say, two hundred years ago, meant when he coined the term entrepreneur.