Exploratory And Normative Technological Forecasting a Critical Appraisal

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Exploratory And Normative Technological Forecasting a Critical Appraisal
Edward Baer Roberts
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The combination, monitored by computer routines for analyzing model adequacy, would permit parameter and possibly even structural changes in the forecasting model based upon ex- perienced model and economy performance. But no serious activity is yet un- derway in this stage in either the economic or the technological forecasting area.
This review of exploratory forecasting has concluded that pathetically simple methods are being used to predict what technology will be in the future, The techniq
...ues parallel an earlier stage of growth of economic forecasting, and as yet have not recognized the importance of causal dynamic models. Jantsch seems to agree with this condemnation of exploratory forecasting' s underdevelopment: "... No model has so far succeeded in taking into account more than a limited number of influencing factors by assuming relationships that arc generally unproved or not known in detail, and mathematical formula- ii 10 tions do not yet include even all of these recognized factors .

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