Referencing the "Schilling, M. A. (2022). Strategic Management of Technological Innovation. 7th ed., New York: McGraw-Hill Education" please answer below questions in detail:

1. Are there particular types of innovation activities for which large firms are likely to outperform small firms? Are there types for which small firms are likely to outperform large firms?

2. What are some advantages and disadvantages of having formalized procedures for improving the effectiveness or efficiency of innovation?

3. What factors should a firm consider when deciding how centralized its R&D activities should be? Should firms employ both centralized and decentralized R&D activities?

4. Why is the tension between centralization and decentralization of R&D activities likely to be even greater for multinational firms than for firms that compete in one national market?

5. What are some of the advantages and disadvantages of the transnational approach advocated by Bartlett and Ghoshal?