The Rationality Behind Risk Taking

Xiaobo Wu (), Jian Du () and Sihan Li ()
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Xiaobo Wu: Zhejiang University
Jian Du: Zhejiang University
Sihan Li: Zhejiang University

Chapter 1 in Non-Linear Growth, 2023, pp 3-27 from Springer

Abstract: Abstract This chapter refines the core entrepreneurial spirit of the binary equilibrium of “rationality” and “risk-taking” from its seemingly risky moves. Armed with such innovation-driven entrepreneurship, Geely was able to effectively grasp the opportunity window. Meanwhile, strategic rationality defuses the risks from uncertainty, making the seemingly impossible car-making business possible.

Date: 2023
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DOI: 10.1007/978-981-99-5273-1_1

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