Hermann Simon (Economist)

Hermann Simon is a renowned German economist known for his work in strategic management and pricing strategies. He is widely recognized for his concept of "hidden champions," which refers to successful, small to medium-sized companies that are leaders in their niche markets but are not widely known to the public. Simon's research emphasizes the importance of innovation, customer focus, and internationalization for business success. He has authored numerous books and articles, significantly influencing both academic thought and practical applications in the field of business strategy and management.