Schumpeter Learned from His Failures
McCraw (2007, p. 112) quotes from Schumpeter's diary:
Really, I don't quite regret any of my efforts and failures---every one of them taught me something about myself and life that uniform success would have hidden.
Source:
McCraw, Thomas K. Prophet of Innovation: Joseph Schumpeter and Creative Destruction. Cambridge, Mass.: Belknap Press, 2007.
