This Perspective from The Boston Consulting Group’s Strategy Institute is the sixth in a series on the future of strategy. Earlier articles examined the central role of adaptive advantage in today’s turbulent and unpredictable business environment.1 This article discusses how companies can attain a “simulation advantage” by creating a system and culture dedicated to achieving superior economics...

The comparative advantage of a location shapes its industrial structure. Current theoretical models based on this principle do not take stance how advantages in different industries or locations are related with each other, what such patterns relatedness might imply about the evolution advantage. We build simple Ricardian-inspired model and show that hidden information inter-industry inter-loca...

One of the most important unanswered questions in evolutionary biology is why sexual reproduction is so common. In theory, sex is so costly that individuals that reproduce sexually should be at a major disadvantage relative to asexually reproducing competitors. This leads to the expectation that sex should lose in competition with asexual reproduction and thus be rare in nature, which is in str...