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Joseph A. Schumpeter Quotes: Entrepreneurial profit is the expression of the value of what the entrepreneur contributes to production.
         

Entrepreneurial profit is the expression of the value of what the entrepreneur contributes to production.


Joseph A. Schumpeter
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Other quotes of Joseph A. Schumpeter


Innovation is the market introduction of a technical or organisational novelty, not just its invention.

Innovation is the market introduction of a technical or organisational novelty, not just its invention.



At the heart of capitalism is creative destruction.

At the heart of capitalism is creative destruction.



Success depends on intuition, on seeing what afterwards proves true but cannot be established at the moment.

Success depends on intuition, on seeing what afterwards proves true but cannot be established at the moment.



Innovations are changes which cannot be decomposed into infinitessimal steps.

Innovations are changes which cannot be decomposed into infinitessimal steps.



Profit is the payment you get when you take advantage of change.

Profit is the payment you get when you take advantage of change.



The ballot is stronger than bullets.

The ballot is stronger than bullets.



Politicians are like bad horsemen who are so preoccupied with staying in the saddle that they can't bother about where they're going.

Politicians are like bad horsemen who are so preoccupied with staying in the saddle that they can't bother about where they're going.



We always plan too much and always think too little. We resent a call to thinking and hate unfamiliar argument that does not tally with what we already believe or would like to believe.

We always plan too much and always think too little. We resent a call to thinking and hate unfamiliar argument that does not tally with what we already believe or would like to believe.



We always plan too much and always think too little.

We always plan too much and always think too little.



Capitalism inevitably and by virtue of the very logic of its civilization creates, educates and subsidizes a vested interest in social unrest.

Capitalism inevitably and by virtue of the very logic of its civilization creates, educates and subsidizes a vested interest in social unrest.





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I used to be snow-white . . . but I drifted.

I used to be snow-white . . . but I drifted.



Religion is not man's relationship to God, it is man's relationship to man.

Religion is not man's relationship to God, it is man's relationship to man.



Anyone who's not military knows this fact. Why do you use chemical weapons while you're advancing ?

Anyone who's not military knows this fact. Why do you use chemical weapons while you're advancing ?



Sometimes even lawyers need lawyers.

Sometimes even lawyers need lawyers.



My body is a baby machine.

My body is a baby machine.



At all events there is in Brooklyn something that makes me feel at home.

At all events there is in Brooklyn something that makes me feel at home.



We have less reason to be surprised or offended when we find others differ from us in opinion, because we very often differ from ourselves.

We have less reason to be surprised or offended when we find others differ from us in opinion, because we very often differ from ourselves.



The most dangerous kind of waste is the waste we do not recognize.

The most dangerous kind of waste is the waste we do not recognize.



As an actor, you're sort of the court-appointed lawyer for the character.

As an actor, you're sort of the court-appointed lawyer for the character.




Quote Description


This page presents the quote "Entrepreneurial profit is the expression of the value of what the entrepreneur contributes to production.". Author of this quote is Joseph A. Schumpeter. This quote is about entrepreneurial, entrepreneur, profit, expression,.