Innovation Isn't Tied to Size, but to Operating Rules
Harvard Business Review
OCTOBER 31, 2012
Plenty of people — including here on Harvard's blog — espouse the theory that big companies can't innovate. But then, in 1942, Schumpeter reversed himself and argued that big companies had more ability and incentive to invest in new products. This argument is both old and wrong. The logic was "together we are stronger".
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