John Quelch Quotes

The story of the next century is the transition from an industrial, resourced-based economy to a knowledge economy.

The foundation of economic development is the acquisition of more productive knowledge.

What is the engine that drives economic growth in an ideopolis? The university.

Britain is the ideas factory of the world and has huge potential to benefit from the next technological revolution. Our future lies in being a high skilled, high innovation, free enterprise nation.

Intellectual capital will always trump financial capital.

In this 21st century world, some of our country's most significant exports and imports extend beyond goods and services: They also include innovation, knowledge, discovery, and healing.

As the new endogenous growth theory suggests, TFP growth is closely related to accumulation of the intangible capitals, such as human capital and research and development.

Investing in science education and curiosity-driven research is investing in the future.

In a knowledge economy, natural selection favors organizations that can most effectively harness and coordinate collective intellectual energy and creative capacity.

I think Irish people pride themselves on being at the forefront of technological industries, things like the chemical and pharmaceutical industries, all those hi-tech industries, we're always there or thereabouts.

I think in America we have to get back to being the best educated general citizenry in the world and make sure we do not lose our lead in research, if we're to have a leadership position in the world.

Knowledge is our most powerful engine of production.

To ensure continuing prosperity in the global economy, nothing is more important than the development and application of knowledge and skills.

Where the quest for knowledge is relatively, and now almost absolutely, unrestrained, the public benefit will be great, especially where the certainty of the law ensures that knowledge is rewarded. This is exactly the combination that is the foundation of wealth-creation.

Today, our economy is about an economy of ideas.

The margin for making mistakes has gotten much smaller. In a commodity economy, it's hard to kill off your business. You still have the mine. You still have oil wells. You can always rebuild. In a knowledge economy, if you make a mistake, you're in trouble.

Israel produces more conceptual products than any other country.

IBM isn't investing billions of dollars every year into research and development - and winning more patents than our top 10 competitors combined for more than a decade - as an academic exercise. But research is now being driven much more by what people need rather than just by what is possible.

Cheap labor is not going to be the way we compete in the United States. It's going to be brain power.

I definitely think what drives technology companies is the people; because in a technology company it's always about what are you going to do next.

We are not concerned about innovation shifting from the U.S. I still believe that the U.S. still has capabilities for innovation.

Research is creating new knowledge.

In the new economy, information, education, and motivation are everything.

Patents have not been a positive force in stimulating innovation at Cisco. Competition has been the motivator; bringing new products to market in a timely manner is critical. Everything we have done to create new products would have been done even if we could not obtain patents