Business Quote by Kiran Mazumdar-Shaw
“Innovation and commerce are as powerful tools for creating social progress as they are for driving technological advancement.”
About This Quote
Source Keynote: Global Innovation Forum, 2021
Innovation and commerce together drive both social and technological progress.
In simple terms: Business and tech improve society.
Key Takeaway
Leverage both for impact.
Themes
innovation
commerce
social progress
Mood
optimistic
strategic
Type
business
philosophical
When to use this quote
- startup incubators
- policy making
- community projects
Key Concepts
entrepreneurship
technology
ethics
Questions to Reflect On
- How to balance profit and purpose?
- What policies support ethical innovation?
A Different Perspective
Profit motives can conflict with social goals.
![“[S]ometimes, when you are a food person, the possible irrelevance of what you are doing doesn’t cross your mind until it’s too late. (Once, for example, when I was just starting out in the food business, I was hired by the caper people to develop a lot of recipes using capers, and it was weeks of…” quote by Nora Ephron](https://sms4smile.com/quotes/img-quotes/d79/nora-ephron-1217_business_s-ometimes-when-you-are-a-food-person-th_980.jpg)
![“If the State does not acquire supremacy over [vast private] enterprises, it becomes their puppet, and they become the real State.” quote by Bertrand Russell](https://sms4smile.com/quotes/img-quotes/bad/bertrand-russell-69_acquire_if-the-state-does-not-acquire-supremacy_1379.jpg)