Economics: Japan's 'hidden champions' - the country's winners
Japan's small-scale entrepreneurs, who have used their skills to dominate niche markets, are role models for the country's SMEs to look towards international markets. These profitable 'hidden champions' demonstrate small business can be up there with the likes of international brands such as Toyota, Canon and Nintendo as Japan moves towards globilisation, explains GIS expert Professor Dr Stefan Lippert in this briefing.
HIDDEN champions are unknown global market leaders with annual turnover not exceeding US$4billion.
Most of them produce inconspicuous products, but in the market for these products they are ranked top in the world.
- Report is targeted to the decision makers in cross country manufacturing – suppliers, manufacturers, logistics.
- Also considered useful for the administrative university facilities, to better understand the possible effects of current decisions.