The role of sustained innovation in the competitiveness and longevity of Hidden Champions

John Bessant
Additional contact information
John Bessant: Exeter University

EKONOMIAZ. Revista vasca de Economía, 2019, vol. 95, issue 01, 43-63

Abstract: This paper explores the case of Hidden Champion firms and in particular looks at the role which innovation plays in enabling them to sustain their position as internationally competitive organizations over a long period. It draws on primary and secondary material to explore six cases in detail and identifies five key attributes which make up their ‘innovation capability’ – building a strong knowledge base, developing extensive high performing networks of collaborators, embedding innovation routines to enable them to repeat the innovation trick, wide exploration of available innovation space and developing dynamic capability – the ability to review, reconfigure and change their innovation models and approaches to suit a constantly changing external environment.

Keywords: dynamic capability; entrepreneurship; hidden champions; innovation (search for similar items in EconPapers)
JEL-codes: D21 L22 (search for similar items in EconPapers)
Date: 2019
References: Add references at CitEc
Citations:

Downloads: (external link)
http://www.euskadi.eus/web01-a2reveko/es/k86aEkono ... idpubl=91&registro=7 complete text (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ekz:ekonoz:2019102

Ordering information: This journal article can be ordered from
Dpto. de Hacienda y Finanzas, Gobierno Vasco, C/Donostia-San Sebastián, 1, 01010 Vitoria-Gasteiz, Spain

Access Statistics for this article

More articles in EKONOMIAZ. Revista vasca de Economía from Gobierno Vasco / Eusko Jaurlaritza / Basque Government Contact information at EDIRC.
Bibliographic data for series maintained by Iñaki Treviño ().