Lord Kelvin on Ideanomics
May 16th, 2008 Greg Daines

I have been arguing here that the key to turning IP management from an art into a science is measurement - finding ways to measure the economic dimensions of IP. So, when I saw this quote I immediately connected…
“I often say . . . that when you can measure what you are speaking about, and express it in numbers, you know something about it; but when you cannot measure it, when you cannot express it in numbers, your knowledge is of a meager and unsatisfactory kind; it may be the beginning of knowledge, but you have scarcely, in your thoughts, advanced to the stage of science, whatever the matter may be.”
- Lord Kelvin
Great quote - and every bit as appropriate for the emerging science of ideanomics now as it was for the emerging science of physics then.
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