innovative firm

USAGE SUMMARY

The phrase "innovative firm" is correct and usable in written English.
You can use it to describe a company that is known for its creativity and new ideas in its products or services. Example: "The innovative firm has revolutionized the tech industry with its groundbreaking software solutions."

✓ Grammatically correct

News & Media

Science

Formal & Business

Human-verified examples from authoritative sources

Exact Expressions

16 human-written examples

If other firms expect to be more efficient at exploiting your innovation, and so will pay more to use it than the innovative firm could make by keeping it to itself, it makes economic sense to license it to them.Some economists argue that a shortfall in the legal protection granted to innovators means there is not enough innovation.

The Economist

But Toyota has long been the auto industry's most profitable and innovative firm.

The New Yorker

At the time, B.B.D.O. was widely regarded as the most innovative firm on Madison Avenue.

The New Yorker

They wait for an innovative firm to prove itself, then offer to buy it for a measly sum.

The Economist

One is Tencent, an innovative firm that makes most of its money selling virtual goods to videogamers.

The Economist

The Dutch firm of MVRDV is working on a new entrance building for the university's botanical garden, and an innovative firm called West 8 is landscaping the entire campus.

The New York Times

Human-verified similar examples from authoritative sources

Similar Expressions

43 human-written examples

Yet what innovation, and innovative firms need is patient, long-term, committed capital, historically provided by the public sector in places like Silicon Valley, Germany and of course China today.

The Guardian

Based on a quantile regression analysis, the paper offers interesting insights for policy makers, by showing that the stringency of environmental regulations affects eco-innovations of the less innovative firms differently from those of the more innovative firms.

Research Policy

Moreover, innovative firms are more keen on using open innovation approach than the non-innovative ones (Huang and Rice 2009; Esbjerg et al. 2012).

Journal of Innovation and Entrepreneurship

The states with the weakest innovation assets and ecosystems for starting and growing innovative firms face a bleak future unless changes are made.

Huffington Post

The abovementioned problems regarding information and guarantees related to innovation funding have led many scholars to believe that innovative firms have no access to traditional external funding sources.

Journal of Innovation and Entrepreneurship

Expert writing Tips

Best practice

Consider adding specific examples of the firm's innovations to strengthen your argument. For instance, "The innovative firm introduced a new technology that reduced energy consumption by 40%."

Common error

Avoid using "innovative firm" repeatedly in close proximity. Instead, vary your language with synonyms such as "pioneering company" or "forward-thinking business" to maintain reader engagement.

Linguistic Context

The phrase "innovative firm" functions as a noun phrase, where "innovative" modifies the noun "firm". According to Ludwig, it is used to describe a company that is known for its creativity and new ideas in its products or services.

Expression frequency: Common

Frequent in

News & Media

40%

Science

35%

Formal & Business

25%

Less common in

Academia

0%

Encyclopedias

0%

Wiki

0%

Ludwig's WRAP-UP

The phrase "innovative firm" is a grammatically sound and frequently used term to describe companies that prioritize creativity and new ideas. As Ludwig AI confirms, this phrase is suitable for various contexts, particularly in news, science, and business. To enhance clarity, avoid overuse and consider alternatives like "pioneering company" or "forward-thinking business". Remember that an "innovative firm" distinguishes itself through research and development, risk-taking, and a culture of creativity. Utilizing these best practices will ensure your writing accurately and effectively conveys the innovative nature of the firm you are describing.

More alternative expressions

Phrases that express similar concepts, ordered by semantic similarity:

pioneering company

Replaces "innovative" with "pioneering", emphasizing the firm's role in initiating new developments.

groundbreaking enterprise

Substitutes "innovative" with "groundbreaking" and "firm" with "enterprise", highlighting the firm's revolutionary impact.

trailblazing organization

Replaces "innovative" with "trailblazing" and "firm" with "organization", emphasizing leadership in its field.

forward-thinking business

Uses "forward-thinking" in place of "innovative" and "business" instead of "firm", indicating a focus on future trends and strategies.

creative agency

Focuses on the creativity aspect, replacing "innovative" with "creative" and using "agency" as a more specific type of firm.

inventive corporation

Emphasizes the firm's ability to invent new products or solutions, swapping "innovative" for "inventive" and "firm" for "corporation".

cutting-edge company

Highlights the firm's use of the latest technologies and methods, substituting "innovative" with "cutting-edge".

visionary firm

Focuses on the firm's ability to anticipate future trends and opportunities, using "visionary" instead of "innovative".

revolutionary business

Emphasizes the firm's impact on its industry, replacing "innovative" with "revolutionary" and "firm" with "business".

ingenious enterprise

Highlights the firm's cleverness and originality, substituting "innovative" with "ingenious" and "firm" with "enterprise".

FAQs

How can I use "innovative firm" in a sentence?

You can use "innovative firm" to describe a company that introduces new ideas, methods, or products. For example: "The success of the project is attributed to the strategies implemented by the "innovative firm"."

What are some alternatives to "innovative firm"?

Alternatives include "pioneering company", "groundbreaking enterprise", or "forward-thinking business". The best choice depends on the specific nuance you want to convey.

Is it redundant to say "highly innovative firm"?

While not strictly redundant, "highly innovative firm" can often be shortened to just "innovative firm" if the context already implies a high degree of innovation. You could also emphasize the scale of innovation by saying a "revolutionary business" or "visionary firm".

What characteristics define an "innovative firm"?

An "innovative firm" is typically characterized by a strong emphasis on research and development, a willingness to take risks, a culture that encourages creativity, and a commitment to bringing new ideas to market. These traits make the firm a "trailblazing organization".