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• W2945291884 abstract "Hidden Champions (HCs) are firms unknown to the wider public, but global leaders in the niche markets they serve. This paper looks at distinctive features of these firms, focusing on competitive strategies, knowledge management and innovation. Employing a unique data base on German firms, we identify a representative sample of German HCs and examine differences to other firms using a matching technique. We find that HCs’ competitive strategy rests on technology leadership and customisation. HCs are more open in their knowledge management, but without compromising control over the new product development process. HCs do not invest more into innovation, but achieve higher innovation success. The higher efficiency can be linked to their superior technological capabilities and to higher investment in human capital and HR management practices that mobilise the creative potential of their employees." @default.
• W2945291884 created "2019-05-29" @default.
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• W2945291884 date "2019-01-01" @default.
• W2945291884 modified "2023-09-24" @default.
• W2945291884 title "German Hidden Champions: competitive strategies, knowledge management and innovation in globally leading niche players" @default.
• W2945291884 hasPublicationYear "2019" @default.
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