Because of their size and limited resources, small businesses rarely create innovations that are important to the U.S. economy.

Question

Quizplus · Accepted Answer

This statement is false. Small businesses are a major source of innovation and contribute significantly to the U.S. economy. In fact, many of the world's largest and most successful companies started out as small businesses. Small businesses are often more nimble and able to quickly adapt to changing market conditions, which can lead to significant innovations. Additionally, small businesses often collaborate with larger companies, universities, and government agencies to develop new products and technologies.

Because of Their Size and Limited Resources, Small Businesses Rarely