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Table 4 Overview of the research undertaken (Source: Authors)

From: The future of business in Visegrad region

General aim

Methodological assumption

Methods

Achieved added value

Develop and discuss alternative business futures for V4 region

Scenario building method encompassing quantitative and qualitative foresight approaches

Desk research

Quantitative scenario approach as in [14]

•Data update and new V4 economies analysed

•Demonstrated V4 economies transition to another scenario based on the updated quantitative analysis

•Providing good starting point for analyses during the following scenario workshop

Advancement of futures research in V4 region

Scenario workshop

Intuitive logic school [58]

Scenario-axes technique [48]

STEEPVL analysis supported by visual aids from [http://www.cimulact.eu]

•Possible factors influencing specific business activity identified

•Individual V4 region-based business scenarios developed

•Increased Futures Literacy of V4 business representatives participating in the workshop