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Foresight for SMEs: How to Overcome the Limitations in Small Firms?

Author

Listed:
  • Konstantin Vishnevskiy

    (National Research University Higher School of Economics)

  • Dirk Meissner

    (National Research University Higher School of Economics)

  • Olga Egorova

    (National Research University Higher School of Economics)

Abstract

This paper describes an approach to foresight for SME enterprises. Foresight has become a frequently used tool for technology and innovation management generally limited large corporations. Presumably this is mainly due to the complexity of the corporate foresight concept itself and the need to invest substantial resources. To overcome this challenge and make corporate foresight also applicable for small and medium sized enterprises an adjusted methodological approach is developed taking into account the special requirements and limitations of SMEs. Based on an analysis of best practices for the development of theoretical and methodological approaches to foresight for SMEs an approach is developed taking into account the limitations of financial, human and time resources inherent to SMEs is introduced.

Suggested Citation

  • Konstantin Vishnevskiy & Dirk Meissner & Olga Egorova, 2015. "Foresight for SMEs: How to Overcome the Limitations in Small Firms?," HSE Working papers WP BRP 45/STI/2015, National Research University Higher School of Economics.
    • Handle: RePEc:hig:wpaper:45sti2015
    as

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    File URL: http://www.hse.ru/data/2015/08/13/1087591629/45STI2015.pdf
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    References listed on IDEAS

    as
    1. Konstantin Vishnevsky & Oleg Karasev, 2010. "Identifying the Future of New Materials with the Use of Foresight Methods," Foresight and STI Governance (Foresight-Russia till No. 3/2015), National Research University Higher School of Economics, vol. 4(2), pages 58-67.
    2. Agné Paliokaité, 2010. "Networking as a Route for Corporate Foresight in SMEs," IET Working Papers Series 10/2010, Universidade Nova de Lisboa, IET/CICS.NOVA-Interdisciplinary Centre on Social Sciences, Faculty of Science and Technology.
    3. Battistella, Cinzia, 2014. "The organisation of Corporate Foresight: A multiple case study in the telecommunication industry," Technological Forecasting and Social Change, Elsevier, vol. 87(C), pages 60-79.
    4. Alexey Kindras & Dirk Meissner & Konstantin Vishnevskiy, 2019. "Regional Foresight for Bridging National Science, Technology, and Innovation with Company Innovation: Experiences from Russia," Journal of the Knowledge Economy, Springer;Portland International Center for Management of Engineering and Technology (PICMET), vol. 10(4), pages 1319-1340, December.
    5. Dirk Meissner, 2012. "The Economic Impact of Spillovers from R&D and Innovation," Foresight and STI Governance (Foresight-Russia till No. 3/2015), National Research University Higher School of Economics, vol. 6(4), pages 20-31.
    6. Vishnevskiy, Konstantin & Karasev, Oleg & Meissner, Dirk, 2015. "Integrated roadmaps and corporate foresight as tools of innovation management: The case of Russian companies," Technological Forecasting and Social Change, Elsevier, vol. 90(PB), pages 433-443.
    Full references (including those not matched with items on IDEAS)

    Citations

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    Cited by:

    1. Timofei Nestik, 2018. "The Psychological Aspects of Corporate Foresight," Foresight and STI Governance (Foresight-Russia till No. 3/2015), National Research University Higher School of Economics, vol. 12(2), pages 78-90.
    2. Kononiuk Anna & Sacio-Szymańska Anna & Gáspár Judit, 2017. "How do companies envisage the future? Functional foresight approaches," Engineering Management in Production and Services, Sciendo, vol. 9(4), pages 21-33, December.

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    More about this item

    Keywords

    corporate foresight; SMEs; roadmapping; innovation; scenarios;
    All these keywords.

    JEL classification:

    • O11 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Macroeconomic Analyses of Economic Development
    • O18 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Urban, Rural, Regional, and Transportation Analysis; Housing; Infrastructure
    • O32 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Management of Technological Innovation and R&D

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