Foresight in normative economics - an example of a public university
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Keywords

foresight
normative economics
public university
planning

How to Cite

Sadowska, B. (2022) “Foresight in normative economics - an example of a public university”, Scientific Journal of Bielsko-Biala School of Finance and Law. Bielsko-Biała, PL, 26(1), pp. 33-39. doi: 10.19192/wsfip.sj1.2022.5.

Abstract

Research background: The research area covered the issue of foresight from the perspective of normative economics exemplified by a public university. Foresight is a method that supports making decisions and facilitates mobilization to joint actions, which is reflected in normative economics. An economic entity, for example, a public university, can carry out tasks more efficiently and effectively using foresight instruments.

Purpose of the article: The aim of the study is to (1) identify the possibilities of using the foresight method in the activities of a public university, (2) indicate areas of public university activity that should be improved with the use of foresight instruments from the point of view of economic effectiveness and efficiency, (3) identify barriers limiting application of the foresight method.

Methods: participant observation, critical analysis of the literature on the subject, Delphi method, CAWI survey technique.

Findings & Value added: Foresight can be analysed within the framework of normative economics. When using the participant observation method and other research methods, it can be concluded that foresight is gaining more and more importance in achieving the goals and tasks of a public university. There are areas that should be covered by foresight in the first place, as they are important for the effective and efficient achievement of results by public universities. This method is subject to certain barriers that limit the possibilities of its application at a public university.

Research limitations/implications: The proposed FORx index was designed for public universities operating in Poland

Originality/value: The FORx index is a universal tool that can be used to improve the practices of public universities. With the index, stakeholders obtain information about which foresight instruments are currently used by these entities and which tools they want to use in the next year of their activity.

https://doi.org/10.19192/wsfip.sj1.2022.5
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Copyright (c) 2022 Beata Sadowska

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