Putting aside that the idea that companies and societies are the same thing, this argument is still wrong. The reason why small companies take risks is because

Putting aside that the idea that companies and societies are the same thing, this argument is still wrong. The reason why small companies take risks is because they are not invested in the status quo and ossified. They innovate not only because the have to, but because they have a culture where it's possible to do that. The lack of innovation at large companies isn't that they've looked at the innovation and said, "No. Not for us. We'll let someone else do that." It's that they can't even see the opportunity for innovation. It's arguing for the status quo why you see the opportunity, and say "No. Not for us," which is exactly what what the grandparent was arguing.