Explanation: Hidden Champion

In an economic context, the term "hidden champion" is used to describe a company that has an outstanding position in its market segment but is less well-known than large, multinational companies. Hidden champions are characterized, for example, by a strong market position or a range of innovative products or services. A high degree of specialization, export orientation and strong regional or local roots can also be characteristics. Despite their comparatively small size and high profile, hidden champions often operate in niche markets and are global leaders in their field.

back to last page

all glossary entries