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Innovation versus Invention

Sam A. Hout

Chapter 8 in Survival to Growth, 2013, pp 85-120 from Palgrave Macmillan

Abstract: Abstract Henry Ford, who started his own revolution a century ago, once said: “History is more or less bunk. It is tradition. We do not want tradition. We want to live in the present, and the only history that is worth a tinker’s damn is the history we make today.” Like Ford, today’s partisans of the new economy, rightly, can be criticized for an oversized sense of their own uniqueness: Never before had technology been so transforming such that the laws of economics are being challenged.

Keywords: Supply Chain; Business Process; Inventory Level; Customer Relationship Management; Enterprise Resource Planning (search for similar items in EconPapers)
Date: 2013
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-137-35906-3_8

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DOI: 10.1057/9781137359063_8

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