Nicht zuletzt infolge merklich gestiegener Einkommen, veränderter Verbraucherwünsche und beachtlicher technologischer Fortschritte verzeichnet der weltweite Agrarhandel in den vergangenen drei Jahrzehnten historische Entwicklungen. Diese betreffen (insbesondere) auch die internationalen...

Nicht zuletzt infolge merklich gestiegener Einkommen, veränderter Verbraucherwünsche und beachtlicher technologischer Fortschritte verzeichnet der weltweite Agrarhandel in den vergangenen drei Jahrzehnten historische Entwicklungen. Diese betreffen (insbesondere) auch die internationalen...

This study provides a new theoretical result that a decline in the long-term interest rate can trigger a stronger investment response by market leaders relative to market followers, thereby leading to more concentrated markets, higher profits, and lower aggregate productivity growth. This...

Part I: The Concept and its Reception -- Chapter 1. A Brief History of the Hidden Champions -- Chapter 2. Hidden Champions and Export Success -- Chapter 3. Hidden Champions: The Definition. Chapter 4. Why Are There Hidden Champions? -- Chapter 5. Reception of the Hidden Champions Concept -- Part...

This study provides a new theoretical result that low interest rates encourage market concentration by raising industry leaders' incentive to gain a strategic advantage over followers, and this effect strengthens as the interest rate approaches zero. The model provides a unified explanation for...

In this paper, we compute conditional measures of lead-lag relationships between GDP growth and industry-level cash-flow growth in the US. Our results show that firms in leading industries pay an average annualized return 4% higher than that of firms in lagging industries. Using both time series...

In this paper, we compute conditional measures of lead-lag relationships between GDP growth and industry-level cash-flow growth in the US. Our results show that firms in leading industries pay an average annualized return 4\% higher than that of firms in lagging industries. Using both time...

In this paper, we compute conditional measures of lead-lag relationships between GDP growth and industry-level cash-flow growth in the US. Our results show that firms in leading industries pay an average annualized return 4% higher than that of firms in lagging industries. Using both time series...

This study provides a new theoretical result that a decline in the long-term interest rate can trigger a stronger investment response by market leaders relative to market followers, thereby leading to more concentrated markets, higher profits, and lower aggregate productivity growth. This...

How does the production side of the economy respond to a low interest rate environment? This study provides a new theoretical result that low interest rates encourage market concentration by giving industry leaders a strategic advantage over followers, and this effect strengthens as the interest...

Den Begriff der "Hidden Champions" hat der Wirtschaftswissenschaftler, Berater und Publizist Simon vor mehr als 30 Jahren eingeführt und seither geprägt. Er versteht darunter in der Öffentlichkeit weithin unbekannte Unternehmen, deren Umsätze unter 5 Milliarden Euro liegen und die in ihrem...

"China and the United States have entered a multifaceted cold war: trade, high tech, space, defense, environment and values as they jostle for influence throughout the world. This rivalry between the world's top two economic powers will likely dominate the decades to come and its outcome is...

Corporate social responsibility in today's times has gained much attention abroad as well as in India. The governments of the economies across the globe are taking measures to ensure that the economic activities are not flourishing at the cost of the society, environment and the stakeholders of...

"This introductory chapter offers an overview of the entire book on the management transformation of Huawei. Huawei is now China's most prominent multinational company and a leader in 5G mobile telephone technology, which will be rolled out across the world in the next few years. What makes...

Huawei has become China's most prominent multinational company and a leader in the ICT sector. Given unprecedented access to the company, the authors of this book examine the management transformation of Huawei from its inception in 1987 until 2019, observing in detail not only the creation of...

German Mittelstand Champions have a distinct management model that dovetails strategy, leadership and governance principles, with core processes in a unique blend, creating a finely tuned whole. We argue: the worldwide success of German Mittelstand companies is not only a result of outstanding...

Our explorative study analyses the factors that affect the likelihood of German companies to be a hidden champion. Based on an econometric estimation model with quantitative data from 60 hidden champions and 346 non-hidden champions, we could confirm prior research findings that specific...

This book presents a list of emerging and established companies which have a strong belief in the digital economy and elaborate their unique digital innovations. The companies selected for this book are from a variety of industries, including both Chinese and international leading technology...

“This country cannot get knocked-out in one punch. We get right back up again. And when we do, the world is going to hear the roar of our engines” asserted Hollywood hero, Clint Eastwood, in a reassuring commercial, sponsored by Chrysler during the 2012 Super Bowl half-time. Two years later,...

Are market leaders more likely to be early adopters of business process innovations? Although they tend to enjoy economies of scale in adoption, leaders may find that adjustment costs also increase with scale. Prior work has focused on how misalignment of incumbents' internal capabilities may...

Innovativen Unternehmen, insbesondere kleinen und mittelgroßen Betrieben (KMU) wird eine Schlüsselposition für den technischen Fortschritt und die internationale Wettbewerbsfähigkeit von Industrienationen zugewiesen. Die Fähigkeit, neues Wissen zu generieren und in marktfähige Produkte,...

The aim of this paper is to analyze the factors that explain the industrial leadership of a Brazilian bus bodywork manufacturer (Marcopolo). From a methodological point of view, the paper was a case study based on bibliographic review and on in-depth interviews. The underlying hypothesis is...

Das Trendthema Influencer Relations - die Zusammenarbeit mit reichweitenstarken Bloggern, YouTubern, Instagrammern oder spezialisierten Mikro-Influencern in Marketing und PR - entwickelt sich zu einem etablierten Feld in der Unternehmenskommunikation. Influencer besitzen aufgrund ihres digitalen...