I don't find the arguments presented in the article for "why" to be very convincing.
- The most important difference is the continuity of the leadership. The leaders of the Hidden Champions stay at the helm for an average of 20 years
ok yes, could be
- the German history of many small independent states (until 1918 Germany consisted of 23 monarchies and three republics), which forced entrepreneurs to internationalize early on in a company’s development if they wanted to keep growing
there must be lots of countries where this is the case
- Scientific competencies also play an important role
there must be lots of countries where this is the case
- the unique German dual system of apprenticeship, which combines practical and theoretical training in non-academic trades.
ok yes, could be important
- Tax advantages are another reason.
skeptical
- the international openness of a society is an essential factor in the globalized world of the future. Germany is far ahead of other large countries with regard to mental internationalization
skeptical that this vague claim is true, let alone an important factor
e.g. "in companies with over 2000 workers just under half the seats on a supervisory board are selected by the workers"
seems like shareholders have less power and employees have more, under the German system, and it seems fairly logical that this could lead to long-lasting companies producing high-quality products
- The most important difference is the continuity of the leadership. The leaders of the Hidden Champions stay at the helm for an average of 20 years
ok yes, could be
- the German history of many small independent states (until 1918 Germany consisted of 23 monarchies and three republics), which forced entrepreneurs to internationalize early on in a company’s development if they wanted to keep growing
there must be lots of countries where this is the case
- Scientific competencies also play an important role
there must be lots of countries where this is the case
- the unique German dual system of apprenticeship, which combines practical and theoretical training in non-academic trades.
ok yes, could be important
- Tax advantages are another reason.
skeptical
- the international openness of a society is an essential factor in the globalized world of the future. Germany is far ahead of other large countries with regard to mental internationalization
skeptical that this vague claim is true, let alone an important factor
I was expecting to hear something about https://en.wikipedia.org/wiki/German_company_law
e.g. "in companies with over 2000 workers just under half the seats on a supervisory board are selected by the workers"
seems like shareholders have less power and employees have more, under the German system, and it seems fairly logical that this could lead to long-lasting companies producing high-quality products