Webthe trend toward industry concentration has boosted corporate profits, but also consumer prices and income inequality. In an era driven by network effects, smaller players struggle to compete against bigger platforms. The trick to gaining ground on a much larger rival, says harvard business school. Webwhen you’re small, you can move quickly. There is less red tape and fewer rules. Webcontrary to popular belief, large companies are investing in innovation and intangible assets, while small firms face shrinking opportunities. The article examines the data and management. Webby tom de castella & vanessa barford. Webcompanies big and small found innovative solutions to complex problems and cut costs to labor, energy, and global supply chains. But lately, ordinary families are evening the score.
