Small firms develop significantly more innovations than large companies.

Name: Small firms develop significantly more innovations than large companies.
Brand: Quizplus
Rating: 4.8 (36 reviews)

Question

Quizplus · Accepted Answer

Small firms tend to have a more flexible organizational structure and can respond to changing market trends more quickly than larger companies, allowing them to develop and implement more innovations. Additionally, small firms often have less bureaucratic hurdles to innovation, allowing them to take more risks and experiment with new ideas.

Small Firms Develop Significantly More Innovations Than Large Companies