Empirical Study on Forward-looking External Search
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As outlined in the previous chapter, the aim of this thesis is to evaluate the impact of forwardlooking external search on the value contribution of foresight. The systematic analysis of previous research (Chapter 3.2.2) shows that a strong research body on external search exists with a predominant focus on quantitative empirical studies. However, it has also been shown that to date little attention has been appointed to the specifics of forward-looking external search involving a context of high unvertainty and long time horizons.
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