Innovation Economy Quotes

Intellectual property is the oil of the 21 century. Look at the richest men a hundred years ago; they all made their money extracting natural resources or moving them around. All today's richest men have made their money out of intellectual property.

The entrepreneurial opportunity in America is alive and well.

Now comes the second machine age. Computers and other digital advances are doing for mental power - the ability to use our brains to understand and shape our environments-what the steam engine and its descendants did for muscle power.

Science is the engine of prosperity. All the prosperity we see around us is a byproduct of scientific inventions. And that's not being made clear to young people. If we can't make it clear to young people they're not going to go into science. And science will suffer in the United States.

An economy that adds value through information, ideas, and intelligence-the Three I Economy-offers a way out of the apparent clash between material growth and environmental resources.

The companies that choose to list on Nasdaq are among the most innovative, risk-taking businesses in the world, and they are proof to us all that prudent risk-taking drives our economy forward.

Of course, America's free-enterprise system is what enables our manufacturers to be the most innovative.

I don't do a ton of deals a year, and I really like working with startups - it's the only way I can invest. It fits my ADD brain.

An actual understanding of our economy is that our economy most depends on our rate of innovation... It's not actually understood by most of the people running for office, but it's not in fact disputed.

To me, part of the magic of this era is that the very same innovations, discoveries, and technologies that are allowing us to live longer, healthier lives are also creating a healthier economy.

Innovation is not the exclusive province of New Economy companies.

For Silicon Valley and its idols, innovation is the new selfishness.

I want to increase our spending on research and development by 25%. That's something the U.S. does very well. That dynamism alongside a welfare state in the European community - that's the synthesis I want to achieve.

The disconnect I was experiencing was that people hated Wall Street, but they loved tech.

In the developed world, technological progress means that you can have a situation where there's growth, where there's a way in which everybody can be better off over time.

New technology is the true friend of full employment; the indispensable ally of progress; and the surest guarantee of prosperity.

Human creativity is the ultimate economic resource.

You know that Estonia, based largely on how successful Skype was, built by Estonian developers, that was a tenth of the entire country's GDP when eBay bought it. That was like a decade ago, it was f****** Estonia, they were behind the Iron Curtain two decades earlier. They're now pushing for K-12 education in computer science in public schools. They've gotten the message. They know how much value that can bring.

In the information age, the richest people are entrepreneurs. We may not become a king or queen, but we can all be entrepreneurs.

In a start-up society, huge sums can fall on innocent parties, almost by accident .

Today it's fashionable to talk about the New Economy, or the Information Economy, or the Knowledge Economy. But when I think about the imperatives of this market, I view today's economy as the Value Economy. Adding value has become more than just a sound business principle; it is both the common denominator and the competitive edge.

In San Diego, our local innovation economy is a thriving industry employing thousands of highly skilled workers.

Americans have always pursued our dreams within a free market that has been the engine of our progress. It's a market that has created a prosperity that is the envy of the world, and rewarded the innovators and risk-takers who have made America a beacon of science, and technology, and discovery. But the American economy has worked in large part because we have guided the market's invisible hand with a higher principle - that America prospers when all Americans can prosper. That is why we have put in place rules of the road to make competition fair, and open, and honest.

If you look at America, one of the great strengths of America is its university towns and the way a lot of their businesses and a lot of their innovation and enormous economic growth have come from reducing that gap, getting those universities directly involved in start-up businesses, green field businesses, new development businesses.

Spin-off technologies are changing the culture. Even if you don't become an engineer you could be a poet, a journalist, a lawyer, but you will be thinking innovation and your actions within society, who you vote for, what you value, all become a participant in an innovation economy.