Hidden Champions in the age of digitalization

A high number of (world leading) businesses in manufacturing, industrial, automotive, chemical, pharmaceuticals, consumer products.
Their products mainly represent things, but with the digital transformation and the internet of things it needs digital competence to make these things smart and generate new business models out of it.

What is the difference between German Hidden Champions and Chinese or US family owned businesses?

What are promising starting situations in terms of corporate strategy, corporate governance, diversification, innovative strength and financial basis to indicate that these businesses will probably successfully manage the business transformation due to the technological change (digitalization)?

Are the different (digital) economies in Germany/Europa, China and US advantages or disadvantages?

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