Davids and Goliaths: Hidden champions in an age of state capitalism

Bernardo Pimentel () and Guillermo Ramírez ()
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Guillermo Ramírez: ESCP Europe - Ecole Supérieure de Commerce de Paris

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Abstract: We review the state of current industrial champions debate and make the case for small, nimble Davids, rather than resource-hungry Goliaths. These export-based SMEs have shown robust performance in recent years and may help economies increase their resilience in times of significant instability. They are more autonomous than traditional champions and they are already in our midst. The challenge for policy makers is how to foster an environment that supports Davids while keeping an eye on national strategic interests.

Date: 2022-08-26
New Economics Papers: this item is included in nep-ent
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