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Hidden Champions of Belarus

In: Hidden Champions in Dynamically Changing Societies

Author

Listed:
  • Radzivon Marozau

    (Belarusian Economic Research and Outreach Center (BEROC))

  • Hanna Aginskaya

    (Belarusian Economic Research and Outreach Center (BEROC))

  • Pavel Daneyko

    (Belarusian Economic Research and Outreach Center (BEROC))

  • Natalia Makayeva

    (IPM Business School)

Abstract

The chapter continues the discussion on the history of the development of hidden champions in Belarus that was started by Golenchenko and Daneyko in 2013. Extending the taxonomy of Belarusian hidden champions, the chapter discusses the context in which Belarusian hidden champions evolved and adapted their business models to a rapidly changing global environment. Based on in-depth interviews with founders, we present the case studies of three Belarusian hidden champions that substantially differ in terms of their history, strategy, and business model. In addition, getting a glimpse of the future, we make assumptions on sectors that may give rise to new hidden champions. Implications and recommendations for the government, business schools, and financial institutions are provided.

Suggested Citation

  • Radzivon Marozau & Hanna Aginskaya & Pavel Daneyko & Natalia Makayeva, 2021. "Hidden Champions of Belarus," Springer Books, in: Alenka Braček Lalić & Danica Purg (ed.), Hidden Champions in Dynamically Changing Societies, edition 1, pages 85-106, Springer.
  • Handle: RePEc:spr:sprchp:978-3-030-65451-1_8
    DOI: 10.1007/978-3-030-65451-1_8
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