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A Framework For Managing The Forecasting Process

Author

Listed:
  • TUGRUL U. DAIM

    (Department of Engineering and Technology Management, Portland State University, Portland OR, 97201, USA)

  • ABRAHAM HERNANDEZ

    (Department of Engineering and Technology Management, Portland State University, Portland OR, 97201, USA)

Abstract

Technological innovation is used by many companies as a means of sustaining their competitive advantage. The environments in which this innovation occurs is usually uncertain, therefore, many companies perform technological forecasting in association with their technological innovation processes. While many researchers have studied the innovation process and many more forecasting methods, there is little research connecting the two within the strategic context of the firm. To do this, a model of the forecasting process is needed. The purpose of this paper is to present a model based on a literature review. Previous models which formed the basis for the proposed model will be discussed followed by an explanation of the model and conclusion. Finally, a case study is presented to observe and test the proposed model.

Suggested Citation

  • Tugrul U. Daim & Abraham Hernandez, 2008. "A Framework For Managing The Forecasting Process," International Journal of Innovation Management (ijim), World Scientific Publishing Co. Pte. Ltd., vol. 12(04), pages 597-627.
    • Handle: RePEc:wsi:ijimxx:v:12:y:2008:i:04:n:s136391960800214x
    DOI: 10.1142/S136391960800214X
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    Cited by:

    1. Jie Liu & Shujun Ye & Yujin Zhang & Lulu Zhang, 2023. "Research on InsurTech and the Technology Innovation Level of Insurance Enterprises," Sustainability, MDPI, vol. 15(11), pages 1-19, May.

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