I have wanted to be an entrepreneur since I was a small boy, and have read and studied everything I could ever find on the subject. I use this book as my foundation for planning all of my entrepreneurial activities. Over the years, INNOVATION AND ENTREPRENEURSHIP has stimulated me to develop new ideas that have earned our company large revenues and our clients (we are a management consulting firm that develops the next generation of management best practices) tens of billions in higher stock prices. What this book does is take "the random chasing after every opportunity" that all entrepreneurs are prone to do, and creates a system to distill the opportunities into the best ones and identify what needs to be done to capture the benefits. Just when you feel lost in the woods, you can pull this book out and it will unerringly point you in the right direction. This is a major breakthrough in terms of turning innovation and entrepreneurship from total art into something reasonably systematic and predictable in creating success. Good luck with applying these timeless principles and strategies to your business! To see this book in perspective, please read about it in Jack Beatty's masterpiece, THE WORLD ACCORDING TO PETER DRUCKER, a book that gives you an indispensable reader's guide to all of Professor Drucker's work.