Quote by Joseph Schumpeter

"Competition is valuable not as an end in itself but as a mechanism for continuous improvement."

Joseph Schumpeter
Economist Historian Austrian-American 1883–1950

More from Joseph Schumpeter

"The entrepreneur is the pivotal actor in the capitalist economy."
"Innovation is the outstanding fact in the economic history of capitalist societies."
"Capitalism is being killed by its achievements."
"The function of entrepreneurs is to reform or revolutionize the pattern of production."

All quotes by Joseph Schumpeter