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When the knowledge base of an industry is both complex and expanding and the sources of expertise are widely dispersed, the locus of innovation will be found in networks of learning, rather than in individual firms.

— Walter W. Powell

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Creativity

More quotes by Walter W. Powell

Powerfully positioned middlemen extract value by interrupting or distorting information.

We define the knowledge economy as production and services based on knowledge-intensive activities that contribute to an accelerated pace of technical and scientific advance, as well as rapid obsolescence. The key component of a knowledge economy is a greater reliance on intellectual capabilities than on physical inputs or natural resources.

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Human salvation lies in the hands of the creatively maladjusted.

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Enjoyment of the work consists in participation in the creative state of the artist.

Martin Heidegger Nietzsche (1961)

No decision in business provides greater potential for the creation of wealth (or its destruction, come to think of it) than the choice of which innovation to back.

Robert Heller The Decision makers (1989)

Originality consists in thinking for yourself, not in thinking differently from other people.

James Fitzjames Stephen Liberty, Equality, Fraternity (1873)

Attribution

Quote text and notes from Wikiquote: Walter W. Powell (page history), available under CC BY-SA 4.0. Source quality and labels are our own summary of what Wikiquote records.