The Dual Growth‐Value Transfer Nexus: Sustaining Corporate Performance Among Hidden Champions to Achieve Sustainable Growth
研究了隐形冠军企业如何通过双重增长模型（效率增长与产品增长）提升绩效，并发现价值转移在其中起中介作用。
ABSTRACT The dual growth model is a significant characteristic of hidden champions and a key reason for their sustained competitive advantage. This work employs the dual growth model to develop a theoretical model of “dual growth model–value transfer–corporate performance.” The study results indicate that hidden champions employ a dual growth model that concurrently attains efficiency and product growth. It is found that these two factors significantly enhance the performance of the hidden champions. Moreover, the transfer of value acts as a mediating role in the expansion of products. That is the rise of efficiency and the performance of the hidden champions.