Quote by Joel Mokyr - Deepstash

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Joel Mokyr

“Sustained innovation requires a set of individuals willing to absorb large risks, sometimes to wait many years for the payoff (if any.)”

JOEL MOKYR

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created an idea from a article:

MORE IDEAS FROM THE SAME ARTICLE

For a creative society to exist and thrive, the people that form it have to consider fresh ideas from within their own society and also to take inspiration from those coming from elsewhere.

People that are in need have less capacity for creativity.

In all societies, there are people and groups that want to maintain the status quo because it is in their interests to do so.

  • A social infrastructure: society needs a supply of creative innovators who are willing and able to challenge their physical environment in order to better themselves.
  • Social incentives: there need to be incentives in place to encourage innovation...

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