Back to index


A technological invention is not something material. It is the product of a mental process, of reasoning and conceiving new ideas. The tools and machines may be called material, but the operation of the mind which created them is certainly spiritual.Theory and Historyp. 109Entrepreneurs
An entrepreneur cannot be trained.Human Actionp. 311 p. 314Entrepreneurs
No dullness and clumsiness on the part of the masses can stop the pioneers of improvement. There is no need for them to win the approval of inert people beforehand. They are free to embark upon their projects even if everyone else laughs at them.Human Actionp. 859; p. 863Entrepreneurs
The entrepreneurs . . . are not infallible and often blunder. But they are less liable to error, and blunder less than other people do.Planning for Freedomp. 114Entrepreneurs
The only source from which an entrepreneurs profits stem is his ability to anticipate better than other people the future demand of the consumers.Human Actionp. 288; p. 290Entrepreneurs
The planning businessman cannot help employing data concerning the unknown future; he deals with future prices and future costs of production.Human Actionp. 225; p. 224Entrepreneurs
The task of the entrepreneur is to select from the multitude of technologically feasible projects those which will satisfy the most urgent of the not yet satisfied needs of the public.Planning for Freedomp. 117Entrepreneurs
What distinguishes the successful entrepreneur and promoter from other people is precisely the fact that he does not let himself be guided by what was and is, but arranges his affairs on the ground of his opinion about the future. He sees the past and the present as other people do; but he judges the future in a different way.Human Actionp. 582; p. 585Entrepreneurs
Showing 1 to 8 of 8
records per page
  • First
  • Previous
  • 1(current)
  • Next
  • Last