2017
DOI: 10.1142/s0219877017500195
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Strategic Foresight for Innovation Management: A Review and Research Agenda

Abstract: The concept of strategic foresight has come to dominate contemporary management discourse in recent times with a remarkable upsurge in the number of scholarly papers reporting a positive influence of strategic foresight on innovation. This causal link has served not only as a point of convergence for many empirical and conceptual studies, but also the starting point for theorizing the relevance of strategic foresight in organizing. Drawing on an exhaustive sample of 258 academic publications from 1990–2014, th… Show more

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Cited by 97 publications
(78 citation statements)
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“…Finally, managers should be aware of negative consequences of the "attention allocation problem" and consider whether they have enough time and whether they put enough effort into maintaining existing cooperative relations and absorbing the optimal level of external knowledge. If not, then they could use strategic foresight to consider various scenarios [80] that might improve innovation performance, such as reducing the number of partners or delegating managerial responsibilities so that existing relations can be maintained, and new ones established.…”
Section: Discussionmentioning
confidence: 99%
“…Finally, managers should be aware of negative consequences of the "attention allocation problem" and consider whether they have enough time and whether they put enough effort into maintaining existing cooperative relations and absorbing the optimal level of external knowledge. If not, then they could use strategic foresight to consider various scenarios [80] that might improve innovation performance, such as reducing the number of partners or delegating managerial responsibilities so that existing relations can be maintained, and new ones established.…”
Section: Discussionmentioning
confidence: 99%
“…These projects, often sponsored by governments, may have diverse participants, including experts, citizens, and stakeholders whose contributions help the network to expand and build a proprietary 'image of the future' to drive breakthrough innovation (Adegbile, Sarpong, and Meissner 2017;Scuotto et al 2017). In this regard, this strand of the literature primarily addresses how corporate foresight may stimulate radical and disruptive innovations in innovation clusters (Keller, Markmann, and von der Gracht 2015;van der Duin, Heger, and Schlesinger 2014;Borch, Dingli, and Jørgensen 2013) but have focussed less on extending our understanding of the dynamic interactions between participating firms, the complexities involved in mapping their tasks, connections, architectures, and transaction costs involved in managing such networks.…”
mentioning
confidence: 99%
“…Prior researches propose environmental performance relies upon quality of products which are environment-friendly, green process and innovation related to product and involvement of ecological sustainability issues into business procedures and product advancement Dubey & Gunasekaran, 2015). Green innovation is connected with agenda concerning firm environmental management and that the environmental performance is being stimulated by green innovation (Adegbile et al, 2017;Chen et al, 2006). Additionally, green product innovation and green process innovation lessen negative influence of environment of business and heightens social performance and financial performance of firm via waste reduction & cost reduction (Weng et al, 2015).…”
Section: Green Innovation and Environmental Performancementioning
confidence: 99%