The knowledge we now consider ...

The knowledge we now consider knowledge proves itself in action. What we now mean by knowledge is information effective in action, information focused on results. Results are outside the person, in society and economy, or in the advancement of knowledge itself. To accomplish anything this knowledge has to be highly specialized.
The knowledge we now consider knowledge proves itself in action. What we now mean by knowledge is information effective in action, information focused on results. Results are outside the person, in society and economy, or in the advancement of knowledge itself. To accomplish anything this knowledge has to be highly specialized.

Quotes from the same author

The entrepreneur always searches for change, responds to it, and exploits it as an opportunity.
Efficiency is doing things right; effectiveness is doing the right things.
The best way to predict your future is to create it.
There is nothing so useless as doing efficiently that which should not be done at all.
Follow effective action with quiet reflection. From the quiet reflection will come even more effective action.