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Business Ecosystems

In: Hidden Champions in the Chinese Century

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  • Hermann Simon

    (Simon-Kucher and Partners)

Abstract

The future of the Hidden Champions will be spurred on by new driving forces. Business ecosystems, digitalization, sustainability, and innovations have the strongest influence. New ecosystems are emerging from traditional industry clusters. Examples are medical technology and photonics. Such systems make an enormously important contribution to education, culture, and prosperity in the regions. Entrepreneurial ecosystems enable Hidden Champions to cope with the higher complexity of products and services. This trend calls for a departure from the traditional closed nature of the Hidden Champions towards more openness to cooperation.

Suggested Citation

  • Hermann Simon, 2022. "Business Ecosystems," Springer Books, in: Hidden Champions in the Chinese Century, chapter 16, pages 115-125, Springer.
    • Handle: RePEc:spr:sprchp:978-3-030-92597-0_16
    DOI: 10.1007/978-3-030-92597-0_16
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