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Corporate Foresight

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Encyclopedia of Creativity, Invention, Innovation and Entrepreneurship

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Synonyms

Corporate future research; Innovation foresight; Strategic foresight

Corporate foresight comprises the employment of foresight methods for strategic development of firms with the aim to increase organizational responsiveness and to create a consolidated future outlook. Looking systematically in the future has a long tradition and was established by the US defence sector during the 1950s and adopted by large companies such as Shell for the energy sector in the 1970s. In late 1980s, foresight has gained importance for the definition and promotion of technological priorities by governments and for the long-term planning of technological development by industry associations. Think tanks and futurists have played a vital role for establishing foresight for diverse public and private institutions. Typical foresight methods used by companies are scenario planning, weak signal scanning, delphi, visioning, roadmapping, and trend analysis. The definition of factors which shape the...

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References

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Author information

Authors and Affiliations

  1. Center for Innovation Systems and Policy, AIT Austrian Institute of Technology, Vienna, Austria

    Karl-Heinz Leitner

  2. Center for Entrepreneurship and Applied Business Studies, University of Graz, Graz, Austria

    Karl-Heinz Leitner

Authors
  1. Karl-Heinz Leitner
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Corresponding author

Correspondence to Karl-Heinz Leitner .

Section Editor information

  1. Unit for Quality Enhancement (UQE), University of Applied Arts Vienna, Vienna, Austria

    David F. J. Campbell

  2. Faculty for Interdisciplinary Studies (iff), Institute of Science Communication and Higher Education Research (WIHO), Alpen-Adria-University Klagenfurt, Vienna, Austria

    David F. J. Campbell

  3. Department of Political Science, University of Vienna, Vienna, Austria

    David F. J. Campbell

  4. Department for Continuing Education Research and Educational Management, Centre for Educational Management and Higher Education Development, Danube University Krems, Krems, Austria

    David F. J. Campbell

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Leitner, KH. (2019). Corporate Foresight. In: Encyclopedia of Creativity, Invention, Innovation and Entrepreneurship. Springer, New York, NY. https://doi.org/10.1007/978-1-4614-6616-1_200027-1

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  • DOI: https://doi.org/10.1007/978-1-4614-6616-1_200027-1

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  • Publisher Name: Springer, New York, NY

  • Print ISBN: 978-1-4614-6616-1

  • Online ISBN: 978-1-4614-6616-1

  • eBook Packages: Springer Reference Business and ManagementReference Module Humanities and Social SciencesReference Module Business, Economics and Social Sciences

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