Here’s an interesting data from CNNMoney.com why entrepreneurship is the mother of innovation:
Small U.S. firms produce 13 times more patents than their large corporate counterparts do, according to the Small Business Administration. And small companies exercise disproportionate influence over technological progress. The proof: Small firm patents are twice as likely to be among the top 1% most cited patents.
I hope this blog will further help all entrepreneurs come up with innovative and profitable business ideas in the years to come.
photo by Matt McGee