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Big Business Good for New Products, but Bad for U.S. Jobs: Gallup Survey

A majority of respondents said big business is bad at growing the U.S. economy, and favored small business innovations.

Patch file photo
Patch file photo
Americans believe big businesses make a greater impact on good job creation overseas than domestically, according to a Gallup survey released this week. 

The survey, conducted by phone with 1,005 U.S. adults, asked participants to rate big business from "very good" to "very bad" in regard to how well they create important new products, good U.S. jobs and other criteria. 

Only 43 percent of respondents said big businesses do a good job of creating jobs for U.S. citizens, as opposed to 66 percent of respondents believing they create good jobs in other countries. 

Big business does a good job of creating new products and technologies, according to 79 percent of respondents, but 60 percent of Americans believe small businesses make a greater impact in that regard. 

A majority of respondents (54 percent) said big business is bad at growing the U.S. economy, creating good jobs in the U.S. and balancing the best interests of the U.S. with the best interests of the company. 

"Clearly the public is skeptical of the benefits provided by America's large companies for their home country or the people therein—even while conceding that these organizations create new products and technologies and help the countries overseas where they operate," according to the report released by Gallup. 

Read the full Gallup survey results here

TELL US: Do you think big business or small business makes a greater impact on job creation and economic growth? 

This article is sponsored by Wells Fargo Works. Watch the video series, then enter the contest where you could win a similar experience, including $25,000 for your business. Watch the videos and enter the contest here.

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