[lotharcable2]

small and medium businesses.

These are the movers and shakers. Any barrier to entry for people creating businesses and selling products to the public is a innovation murderer.

Big companies are bureaucratic morasses that have very difficult time adjusting to change. They have figured out how to do something successful enough once to get big, but as time moves on the behavior that lead to profitability 20 years ago leads to bankruptcy now.

This is why they rely on buying small businesses for new products and different approaches.

If it is hard and dangerous to start new ventures and be able to find and hire the right people and fire the wrong ones then you are going to have a society with very little in the way of actual innovation.

Big governments love big corporate businesses. It is a lot easier to manipulate and regulate a handful of big businesses then it is for thousands of mostly anonymous unknown businesses that come and go on a yearly basis. But you need that unregulated chaos and competition for innovation to happen.