Change Quote by Edward A. Hudson
““There had previously, such as in Rome and the Netherlands, been growth over one or two centuries but this earlier growth was based on the exploitation of a single innovation. Britain had achieved growth based on a succession of changes.””
About This Quote
Source Book: Economic History of Innovation, 2015
Historical growth often relied on single breakthroughs, but sustained development needs continuous innovation.
In simple terms: Repeated change fuels lasting growth.
Encourage ongoing innovation.
Themes
Mood
Type
When to use this quote
- business strategy
- national development
- research funding
- entrepreneurship
Key Concepts
Questions to Reflect On
- What mechanisms sustain innovation?
- How can societies avoid overreliance on a single idea?
Relying on one breakthrough can stall progress.