Deflates Knowledge-Based Innovation, Very Practical,
April 8, 2000
Peter F. Drucker
Drucker has a remarkable ability to deflate any self-styled entrepreneur and “innovator.” His book discusses the sources of innovation, concluding rather significantly that knowledge-based innovation is rarely successful-that innovation generally works best when all the factors are known and put into new combinations that work exceedingly well-and that successful innovations start small, focus on the simplest element that can be understood by any half-wit, don't cost a lot, and are never grandiose.