In the early days of computers,programmers and designers started businesses in their parents' garages and worked there until they were able to sell enough of their products to move into a location of their own.Anahi and Joelle started a small software and computer hardware.They have filed for a patent on their latest invention and are working on two others.Which of the following statements is correct regarding small business and technical innovation?

Question

Quizplus · Accepted Answer

Research has shown that small firms are more likely to produce innovations compared to large firms in relation to the number of employees. This is often attributed to the flexibility and agility of small firms to adapt quickly to changing market needs and to take risks in developing new products or services.

The other options are incorrect: 
B) This statement is incorrect as small firms are known to employ a higher percentage of high-tech workers in comparison to larger firms. 
C) This statement is incorrect as small patenting firms actually produce more patents per employee than large firms, although large firms produce more overall patents due to their larger workforce. 
D) This statement is also incorrect as studies have shown the opposite – that small businesses are actually more innovative than larger businesses.

In the Early Days of Computers,programmers and Designers Started Businesses