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Practices Of Strategic Foresight In Biotech Companies

Author

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  • DANA MIETZNER

    (Institute for Entrepreneurship and Innovation (BIEM CEIP), University of Potsdam, August-Bebel Strasse 89, D-14482 Potsdam, Germany)

  • GUIDO REGER

    (Institute for Entrepreneurship and Innovation (BIEM CEIP), University of Potsdam, August-Bebel Strasse 89, D-14482 Potsdam, Germany)

Abstract

This paper deals with the practice and requirements of strategic foresight in biotechnology firms. Processes and the degree of method application of strategic foresight are less investigated in small- and medium-sized enterprises. Based on case study research of 30 biotechnology companies in Germany, six different approaches of strategic foresight are identified. The study shows how strategic foresight is organised, which methods for strategic foresight are implemented, who is responsible for strategic foresight, what the main characteristics of the different approaches are, and how the strengths and weaknesses of strategic foresight practice in biotechnology firms can be characterized. Furthermore, firms' requirements for suitable foresight processes and methods are identified within the scope of case study research.

Suggested Citation

  • Dana Mietzner & Guido Reger, 2009. "Practices Of Strategic Foresight In Biotech Companies," International Journal of Innovation Management (ijim), World Scientific Publishing Co. Pte. Ltd., vol. 13(02), pages 273-294.
    • Handle: RePEc:wsi:ijimxx:v:13:y:2009:i:02:n:s1363919609002297
    DOI: 10.1142/S1363919609002297
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    Citations

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    Cited by:

    1. Kerr, Clive & Phaal, Robert, 2018. "Directing the technology intelligence activity: An ‘information needs’ template for initiating the search," Technological Forecasting and Social Change, Elsevier, vol. 134(C), pages 265-276.
    2. Gattringer, Regina & Wiener, Melanie, 2020. "Key factors in the start-up phase of collaborative foresight," Technological Forecasting and Social Change, Elsevier, vol. 153(C).
    3. Gattringer, Regina & Wiener, Melanie & Strehl, Franz, 2017. "The challenge of partner selection in collaborative foresight projects," Technological Forecasting and Social Change, Elsevier, vol. 120(C), pages 298-310.
    4. Sarpong, David & Maclean, Mairi, 2014. "Unpacking strategic foresight: A practice approach," Scandinavian Journal of Management, Elsevier, vol. 30(1), pages 16-26.
    5. Wiener, Melanie & Gattringer, Regina & Strehl, Franz, 2020. "Collaborative open foresight - A new approach for inspiring discontinuous and sustainability-oriented innovations," Technological Forecasting and Social Change, Elsevier, vol. 155(C).

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