You can find plenty of people who disregard bigger enterprises, stating they are not the future. Plenty of people — including here on Harvard's blog — espouse the theory that big companies can't innovate.
This argument is both old and wrong. Joseph Schumpeter, the noted economist, said — in 1909 — that small companies were more inventive than large ones. But then, in 1942, Schumpeter reversed himself and argued that big companies had more ability and incentive to invest in new products. Today, there's a similar bias; people assume that small companies are creative and big firms are slow and bureaucratic. A look at any performance measure shows that innovation can come from either size, and that both arguments are oversimplifications.
To read the full, original article click on this link: Innovation Isn't Tied to Size, but to Operating Rules - Nilofer Merchant - Harvard Business Review
