Building an innovation strategy for SMEs

摘要

It is a truism to say that all firms were small-to-medium-sized enterprises (SMEs) once. Even born global giants like Facebook were an SME as they grew from the college dorm to employing a few people. Often companies such as Facebook do not stay SMEs very long, but for that brief time they went through the same growing pains of every firm as it employs its 50th person. Although some, of course, rarely get above 50 people, and many others go just as fast the other way and go bust.