Question

Are there particular types of innovation activities for which large firms are likely to outperform small firms? Are there types for which small firms are likely to outperform large firms?

Answer 1

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✔✔yes,there are several particular types of innovation activities for which large firms are likely to outperform small firms.

✔✔yes,there are various types for which small firms are likely to outperform large firms like innovation softwares,sprindling,textile works,etx.

Answer 2

Normally it is seen that the large firms outperform the smaller firms in regard to new innovations. They are able to achieve efficiency through complex organisational structures. Smaller firms have the advantage of adapting to innovations faster

Explanation:

• An organization of a large scale which is performing well and is running efficiently make use of challenging organizational structures  for running their systems and for being able to achieve efficiency through innovations on a long term.
• Normally smaller firms are able to adapt to innovation much faster than the larger firms and they are able to coordinate and centralize their activities that help them with an increase in productivity
• The larger firms are able to decentralize their activities like the research and development and create smaller units which are like independent small enterprises. The larger firms have more resources to spend on innovations which are done in a collaborative mode with setting standards.

To know more about innovation activities

Entrepreneurship is:

(a) Innovative activity

(b) Searching for opportunities

(c) Professional activity

(d) All of these

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