Quote by Steve Jobs

Innovation has nothing to do with how many R&D dollars you have. When Apple came up with the Mac, IBM was spending at least 100 times more on R&D. It's not about money. It's about the people you have, how you're led, and how much you get it.

Innovation has nothing to do with how many R&D dollars you h

Summary

This quote emphasizes that innovation cannot be solely attributed to the amount of money invested in research and development (R&D). It uses the example of Apple's success in creating the Mac, despite IBM spending significantly more on R&D during that time. The quote suggests that innovation is rather dependent on the talent and expertise of individuals, effective leadership, and a deep understanding of the market and consumer needs. It implies that having the right people and the right approach to innovation is more critical than the sheer financial resources allocated to R&D.

By Steve Jobs

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