Lori Greiner Quotes

I don't invest in ideas because ideas are a dime a dozen. I could steal the idea pretty quickly.

Intellectual-property rules are clearly necessary to spur innovation: if every invention could be stolen, or every new drug immediately copied, few people would invest in innovation. But too much protection can strangle competition and can limit what economists call 'incremental innovation' - innovations that build, in some way, on others.

To disclose too much of one's inventions and achievements is one and the same thing as to give up the fruit of one's ingenuity.

When we began Qualcomm, it had become quite clear that it was very important to patent new ideas.

America demands invention and innovation to succeed.

There's always something happening in the world that creates an opportunity to try to fix a business and build a business.

I'd prefer not to tell confidential information about future products.

Basically if you study entrepreneurs, there is a misnomer: People think that entrepreneurs take risk, and they get rewarded because they take risk. In reality entrepreneurs do everything they can to minimize risk. They are not interested in taking risk. They want free lunches and they go after free lunches.

You need to invent things and you need to get them to people. You need to commercialize those inventions. Obviously, the best way we've come up with doing that is through companies.

Although the tech industry is very open to change, many people still have a closed-off mentality where, in the interest of protecting their ideas, they keep them hidden in dark caves.

If you have a business idea that's extremely easy to copy, that can often become something of a challenge or problem.

I can't understand the conditions of a corporate product being designed and getting millions. I admire it, it's great, but I don't know how to do that. I have to have the wheel.

Americans have been selling this view around the world: that progress comes from perfect protection of intellectual property.

The level of dynamism is a matter of how fertile the country is in coming up with innovative ideas having prospects of profitability, how adept it is at identifying and nourishing the ideas with the best prospects, and how prepared it is in evaluating and trying out the new products and methods that are launched onto the market.

You have to be willing to risk things; otherwise, somebody else will put you out of business.

The most successful company in Silicon Valley is Apple, and they're the most secretive.

Intellectual property is an important legal and cultural issue. Society as a whole has complex issues to face here: private ownership vs. open source, and so on.

The reality is, is that we love competition, at Apple. We think it makes us all better. But we want people to invent their own stuff.

Don't worry about people stealing your ideas. If your ideas are any good, you'll have to ram them down people's throats.

It is unnatural for companies to sit down in front of their competitors and share the information about their vulnerabilities.

Most tech companies do one trick and die. If you can do two or three or four, that's where wealth gets created.

If you're doing business, not that simple to only buy. You have to create something. You have to create something that never exist for the future.

New products, new markets, new investors, and new ways of doing things are the lifeblood of growth. And while each innovation carries potential risk, businesses that don't innovate will eventually diminish.

In our industry, there are so many competing companies and games, and they have people constantly out spying on competition. For example, Valve in Seattle tries to keep their location a secret.

Innovation means taking risks, and that is where the private sector can play a role.