Large companies are stifled by their sluggishness and why smaller-sized companies enjoy their size advantages

My article gives answers to the following question: "Over the last decades, the number of takeovers and mergers worldwide has dramatically increased. Karl Marx appears to have foreseen this development with his capital accumulation theory. But are large companies more productive, efficient and successful than small or medium-sized enterprises (SME), as the architects of major enterprises claim?" It further explains the strengths of SMEs and how large companies can acquire "SME-strengths", too.

The article was originally published by RBC, Russia's leading business magazine (profile: http://tinyurl.com/87vq8sx) where Felix Abt is a guest columnist. Its English translation can be found here: http://tinyurl.com/d92g2j3