Hidden champions of Lithuania

Collection:
Mokslo publikacijos / Scientific publications
Document Type:
Knygos dalis / Part of the book
Language:
Anglų kalba / English
Title:
Hidden champions of Lithuania
Authors:
In the Book:
Hidden champions in dynamically changing societies, critical success factors for market leadership / Editors: Alenka Braček Lalić, Danica Purg. Cham: Springer International Publishing, 2021. p. 239-261
Subject Category:
LT
Ekonominė padėtis / Economic conditions; Įmonės. Bendrovės / Companies. Enterprises; Technologijos ir techniniai reglamentai / Technology and technical regulations.
Summary / Abstract:

ENLithuania is going through tremendous economic changes, from an agrarian country to an innovation-driven economy. Current World Bank data demonstrate the growth of high-technology exports, a small proportion of agricultural raw materials exports, and a quite high percentage of exports to high-income economies. Policy makers also demonstrate efforts to improve the business environment in Lithuania, which makes the Lithuanian economy attractive for the development of hidden champions. This chapter reviews the development of the Lithuanian economy in the context related to the success of hidden champions in Lithuania. An analysis of five cases of Lithuanian’s hidden champions reveals the financing and regulatory environment development needs in Lithuania. Also, the chapter highlights the market leadership and competitive advantages of Lithuanian hidden champions and discusses their success stories, learned lessons, and management and leadership development needs. Lithuania’s hidden champions’ case study results demonstrate that sensitivity to customer problems and high appreciation of the employees are of high importance for market leadership success. [From the publication]

DOI:
10.1007/978-3-030-65451-1_17
ISBN:
9783030654504
Subject:
Ekonomika / Economics
Permalink:
https://www.lituanistika.lt/content/104575
Updated:
2023-10-12 12:57:10
Metrics:
Views: 13
Export:
Download