IDEAS home Printed from https://ideas.repec.org/h/spr/sprchp/978-0-387-98147-5_6.html
   My bibliography  Save this book chapter

Innovation

In: Hidden Champions of the Twenty-First Century

Author

Listed:
  • Hermann Simon

    (Simon - Kucher & Partners)

Abstract

We have already seen that excellent performance with regard to goals, globalization, and closeness to customer is a necessary requirement for becoming a hidden champion. However, in most cases innovation is the foundation for success. Achieving and maintaining world market leadership requires outstanding and continuously innovative performance. The innovations of the hidden champions are in no way restricted to technologies and products; these companies also demonstrate tremendous innovative drive in processes, systems, marketing, and services. Various indicators such as R&D intensity, number of patents, and revenues coming from new products prove that the hidden champions are extremely innovative. How do these midsize companies achieve such innovativeness in spite of their limited resources? In this chapter, we will see that the hidden champions differ from large corporations in the way they handle several key factors for success in innovation.

Suggested Citation

  • Hermann Simon, 2009. "Innovation," Springer Books, in: Hidden Champions of the Twenty-First Century, chapter 6, pages 159-190, Springer.
    • Handle: RePEc:spr:sprchp:978-0-387-98147-5_6
    DOI: 10.1007/978-0-387-98147-5_6
    as

    Download full text from publisher

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a search for a similarly titled item that would be available.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:spr:sprchp:978-0-387-98147-5_6. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.springer.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.