If you look at where innovation - defined as ideas, not as commercial product - tends to live, the university system is remarkably innovative. — Steven Johnson Copy Share Image
The strategic stimulus to economic development in Schumpeter's analysis is innovation, defined as the commercial or industrial application of something new---a new product, process or method of production, a new market or source of supply, a new form of commercial,… — Joseph A. Schumpeter Copy Share Image
