IDEAS home Printed from https://ideas.repec.org/a/eee/tefoso/v102y2016icp112-119.html
   My bibliography  Save this article

The impact of foresight on entrepreneurship: The Wales 2010 case study

Author

Listed:
  • Rhisiart, Martin
  • Jones-Evans, Dylan

Abstract

This paper addresses the link between foresight and entrepreneurship over the long term. As such, it addresses two distinct gaps in foresight knowledge and literature namely the link between foresight and entrepreneurship; and longitudinal assessments of foresight activities in specific policy areas. The aim of this paper is to assess the impact of foresight on entrepreneurship over a long term perspective. In 1993, the results of an eighteen month foresight visioning exercise, Wales 2010, were published. It set out an enterprise vision built on engaging the ideas and views of a range of economic and social actors, and recommended a programme of interventions to help develop an entrepreneurship culture. Seven years after the setting of this vision, the Entrepreneurship Action Plan was developed, the first of its kind in Europe. Over the following years to 2005, entrepreneurial activity in Wales grew significantly outpacing the UK as a whole. However, a loss of focus on entrepreneurship in the years between 2005 and 2011, due to institutional factors and a lack of foresight renewal, was accompanied by a decline in entrepreneurial activity, which has only recently recovered. Wales 2010 created a foresight legacy: the foresight exercise was an antecedent to the development of entrepreneurship policy and to notable growth in entrepreneurial activity.

Suggested Citation

  • Rhisiart, Martin & Jones-Evans, Dylan, 2016. "The impact of foresight on entrepreneurship: The Wales 2010 case study," Technological Forecasting and Social Change, Elsevier, vol. 102(C), pages 112-119.
    • Handle: RePEc:eee:tefoso:v:102:y:2016:i:c:p:112-119
    DOI: 10.1016/j.techfore.2015.03.010
    as

    Download full text from publisher

    File URL: http://www.sciencedirect.com/science/article/pii/S0040162515000694
    Download Restriction: Full text for ScienceDirect subscribers only
    File URL: https://libkey.io/10.1016/j.techfore.2015.03.010?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. Attila Havas & Doris Schartinger & Matthias Weber, 2010. "The impact of foresight on innovation policy-making: recent experiences and future perspectives," Research Evaluation, Oxford University Press, vol. 19(2), pages 91-104, June.
    2. Kerstin Cuhls & Luke Georghiou, 2004. "Evaluating a participative foresight process: ‘Futur - the German research dialogue’," Research Evaluation, Oxford University Press, vol. 13(3), pages 143-153, December.
    3. Jonathan Calof & Jack E Smith, 2010. "Critical success factors for government-led foresight," Science and Public Policy, Oxford University Press, vol. 37(1), pages 31-40, February.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Calof, Jonathan & Colton, Brian, 2024. "Developing foresight that impacts senior management decisions," Technological Forecasting and Social Change, Elsevier, vol. 198(C).
    2. Onwuegbuzie, Henrietta N. & Mafimisebi, Oluwasoye P., 2021. "Global relevance of scaling African indigenous entrepreneurship," Technological Forecasting and Social Change, Elsevier, vol. 166(C).
    3. Coulibaly, Salifou K. & Erbao, Cao & Metuge Mekongcho, T., 2018. "Economic globalization, entrepreneurship, and development," Technological Forecasting and Social Change, Elsevier, vol. 127(C), pages 271-280.
    4. Georgios Fotopoulos & David J. Storey, 2019. "Public policies to enhance regional entrepreneurship: another programme failing to deliver?," Small Business Economics, Springer, vol. 53(1), pages 189-209, June.
    5. Rhisiart, Martin & Störmer, Eckhard & Daheim, Cornelia, 2017. "From foresight to impact? The 2030 Future of Work scenarios," Technological Forecasting and Social Change, Elsevier, vol. 124(C), pages 203-213.
    6. Víctor Jesus García-Morales & Rodrigo Martín-Rojas & Raquel Garde-Sánchez, 2020. "How to Encourage Social Entrepreneurship Action? Using Web 2.0 Technologies in Higher Education Institutions," Journal of Business Ethics, Springer, vol. 161(2), pages 329-350, January.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Maxim A. Afanasyev & Mario Cervantes & Dirk Meissner, 2014. "Towards FET Concept: Pathway To Evaluation Of Foresight Effectiveness, Efficiency And Validity," HSE Working papers WP BRP 31/STI/2014, National Research University Higher School of Economics.
    2. Haegeman, Karel & Marinelli, Elisabetta & Scapolo, Fabiana & Ricci, Andrea & Sokolov, Alexander, 2013. "Quantitative and qualitative approaches in Future-oriented Technology Analysis (FTA): From combination to integration?," Technological Forecasting and Social Change, Elsevier, vol. 80(3), pages 386-397.
    3. Mauksch, Stefanie & von der Gracht, Heiko A. & Gordon, Theodore J., 2020. "Who is an expert for foresight? A review of identification methods," Technological Forecasting and Social Change, Elsevier, vol. 154(C).
    4. Rhisiart, Martin & Störmer, Eckhard & Daheim, Cornelia, 2017. "From foresight to impact? The 2030 Future of Work scenarios," Technological Forecasting and Social Change, Elsevier, vol. 124(C), pages 203-213.
    5. Calof, Jonathan & Colton, Brian, 2024. "Developing foresight that impacts senior management decisions," Technological Forecasting and Social Change, Elsevier, vol. 198(C).
    6. Merit Tatar & Tarmo Kalvet & Marek Tiits, 2020. "Cities4ZERO Approach to Foresight for Fostering Smart Energy Transition on Municipal Level," Energies, MDPI, vol. 13(14), pages 1-30, July.
    7. Ekaterina Makarova & Anna Sokolova, 2012. "Foresight Evaluation: Lessons from Project Management," HSE Working papers WP BRP 01/MAN/2012, National Research University Higher School of Economics.
    8. Havas, Attila & Weber, K. Matthias, 2017. "The 'fit' between forward-looking activities and the innovation policy governance sub-system: A framework to explore potential impacts," Technological Forecasting and Social Change, Elsevier, vol. 115(C), pages 327-337.
    9. Prokopenko Olha & Omelyanenko Vitaliy, 2017. "Priority Selection Within National Innovation Strategy in Global Context," Economics and Business, Sciendo, vol. 31(1), pages 5-18, August.
    10. Attila Havas & Doris Schartinger & Matthias Weber, 2010. "The impact of foresight on innovation policy-making: recent experiences and future perspectives," Research Evaluation, Oxford University Press, vol. 19(2), pages 91-104, June.
    11. Anna Sokolova, 2013. "The integrated approach for Foresight evaluation: the Russian case," HSE Working papers WP BRP 20/STI/2013, National Research University Higher School of Economics.
    12. Aguirre-Bastos, Carlos & Weber, Matthias K., 2018. "Foresight for shaping national innovation systems in developing economies," Technological Forecasting and Social Change, Elsevier, vol. 128(C), pages 186-196.
    13. Helena Sustar & Miloš N. Mladenović & Moshe Givoni, 2020. "The Landscape of Envisioning and Speculative Design Methods for Sustainable Mobility Futures," Sustainability, MDPI, vol. 12(6), pages 1-24, March.
    14. Kim, Hyunuk & Ahn, Sang-Jin & Jung, Woo-Sung, 2019. "Horizon scanning in policy research database with a probabilistic topic model," Technological Forecasting and Social Change, Elsevier, vol. 146(C), pages 588-594.
    15. Vladimir FLORIAN & Gabriel NEAGU, 2015. "Romanian Contribution To The Evaluation Of A Regional Foresight Exercise Using The Goal-Question-Metric Method," Proceedings of the INTERNATIONAL MANAGEMENT CONFERENCE, Faculty of Management, Academy of Economic Studies, Bucharest, Romania, vol. 9(1), pages 137-151, November.
    16. Andersen, Per Dannemand & Johnston, Ron & Saritas, Ozcan, 2017. "FTA and Innovation Systems," Technological Forecasting and Social Change, Elsevier, vol. 115(C), pages 236-239.
    17. Ekaterina Makarova & Anna Sokolova, 2012. "The Best Practices of Evaluating S&T Foresight: Basic Elements and Key Criteria," Foresight and STI Governance (Foresight-Russia till No. 3/2015), National Research University Higher School of Economics, vol. 6(3), pages 62-74.
    18. Pouru-Mikkola, Laura & Minkkinen, Matti & Malho, Maria & Neuvonen, Aleksi, 2023. "Exploring knowledge creation, capabilities, and relations in a distributed policy foresight system: Case Finland," Technological Forecasting and Social Change, Elsevier, vol. 186(PB).
    19. Havas, Attila & Weber, Matthias, 2018. "Foresight as a governance tool to help shape the next production revolution," MPRA Paper 90370, University Library of Munich, Germany.
    20. 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.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eee:tefoso:v:102:y:2016:i:c:p:112-119. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Catherine Liu (email available below). General contact details of provider: http://www.sciencedirect.com/science/journal/00401625 .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.