"Today, our economy is about an economy of ideas"
- Patrick J. Kennedy
About this Quote
This quote by Patrick J. Kennedy speaks to the value of innovation and imagination in today's economy. He is suggesting that the economy is no longer based on physical goods and services, however rather on concepts and intellectual property. This shift has actually been driven by the rise of technology and the web, which has allowed individuals to develop and share concepts more quickly than ever in the past. This has actually opened new chances for entrepreneurs and businesses to create and monetize their concepts. In this new economy, the capability to think creatively and create innovative solutions is necessary for success. The economy of concepts is a powerful force that can drive financial growth and create brand-new jobs.
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