Add Quote by Jane Jacobs
“Innovating economies expand and develop. Economies that do not add new kinds of goods and services, but continue only to repeat old work, do not expand much nor do they, by definition, develop.”
About This Quote
Source Book: The Death and Life of Great American Cities, 1961
Economies grow by creating new products and services; repeating old work limits expansion and development.
In simple terms: New goods drive growth.
Foster innovation, not repetition.
Themes
Mood
Type
When to use this quote
- startup ecosystems
- policy making
- R&D investment
- business diversification
- urban planning
Key Concepts
Questions to Reflect On
- How can we encourage novel ideas in stagnant sectors?
- What barriers prevent new product creation?
Innovation can be hindered by regulation and risk aversion.