Before Quote by Myron Scholes
“Innovation must lead infrastructure for a simple but compelling reason: Innovation produces new types of products and markets, and it is virtually impossible to know how to run those markets efficiently before they are created.”
About This Quote
Innovation should drive infrastructure because new products and markets create needs that existing systems cannot meet.
In simple terms: Innovation fuels infrastructure development.
Invest in infrastructure that supports emerging markets.
Themes
Mood
Type
When to use this quote
- startup ecosystems
- government policy
- technology rollout
Key Concepts
Questions to Reflect On
- What infrastructure gaps hinder your industry?
- How can you anticipate future market needs?
Innovation may outpace regulatory frameworks.