Financial Quote by Basic Books
““Innovations are financial risks.””
About This Quote
Source Book: The Economics of Innovation, Basic Books, 2018
Financial risk is inherent in developing new ideas and technologies.
In simple terms: Innovation costs money.
Key Takeaway
Assess and manage risk before investing.
Themes
risk
finance
innovation
Mood
analytical
cautious
Type
advice
inspirational
When to use this quote
- startup funding
- R&D budgeting
- product development
Key Concepts
investment
uncertainty
economic theory
Questions to Reflect On
- What risk‑management tools will you use?
- How much capital is appropriate for your project?
A Different Perspective
Risk can lead to loss if not mitigated.
