Respecting the Weak, Embracing Diversity: Long-Term Survival Principles in an Uncertain World

Shuai Li ()
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Shuai Li: University of Oulu

Chapter Chapter 23 in Bridging the Innovation Gap, 2026, pp 251-256 from Springer

Abstract: Abstract In highly uncertain environments, focusing on a single optimal solution increases systemic fragility. Due to human cognitive limits and nonlinear environmental dynamics, short-term optimality can be fatal long-term. Diversity is a strategic tolerance for system risk. Entrepreneurs and organizations should cultivate resilience through diversified product lines, heterogeneous teams, and exploratory investments. Embracing diversity embeds insurance into efficiency, ensuring continuous adaptation and long-term survival.

Date: 2026
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Persistent link: https://EconPapers.repec.org/RePEc:spr:innchp:978-3-032-22652-5_23

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DOI: 10.1007/978-3-032-22652-5_23

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