Which statement is correct concerning the role of innovation for small businesses?
A)Fortune magazine reports that 93 per cent of company founders reported that their business turned out to be nothing like their original venture concept.
B)Studies have shown that small entrepreneurial businesses produce 95 per cent as many innovations per employee as large businesses.
C)According to Clayton Christensen, 60 per cent of all new products end up failing or performing well below expectations.
D)Small entrepreneurial businesses produce twice as many innovations per employee as large businesses.

Question

Quizplus · Accepted Answer

Small entrepreneurial businesses are often more agile and can innovate more rapidly, leading to a higher rate of innovations per employee compared to larger businesses.

Which Statement Is Correct Concerning the Role of Innovation for Small