Combining Foresight and Innovation: Developing a Conceptual Model

Tuomo Uotila (), Martti Mäkimattila, Vesa Harmaakorpi and Helinä Melkas
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Tuomo Uotila: Lappeenranta University of Technology
Martti Mäkimattila: Lappeenranta University of Technology
Vesa Harmaakorpi: Lappeenranta University of Technology
Helinä Melkas: Lappeenranta University of Technology

Chapter Chapter 3 in Practice-Based Innovation: Insights, Applications and Policy Implications, 2012, pp 29-47 from Springer

Abstract: Abstract Foresight and innovation are activities closely linked with each other, the former providing inputs for the latter. However, there have been few attempts to build conceptual and theoretical bridges between these two activities. In this chapter, we present a conceptual model depicting the connections between foresight and innovation activities and learning. Into this broad model we have combined, in a novel way, much-used and well-known concepts and ideas, such as exploration and exploitation, absorptive capacity, three modes of foresight activities, information quality attributes, and information brokerage.

Keywords: Innovation Process; Absorptive Capacity; Dynamic Capability; Structural Hole; Innovation Network (search for similar items in EconPapers)
Date: 2012
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-3-642-21723-4_3

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DOI: 10.1007/978-3-642-21723-4_3

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