Professor Riccardo Vecchiato

About

I am Professor of Strategic Management at Kingston University. My research work focuses on environmental turbulence and the practices and techniques (e.g., scenario planning, technology roadmapping) that corporate managers and policy makers might use for coping with it. On these themes I worked with several national and regional governmental bodies in Italy and the EU, by contributing to elaborating, experimenting and transferring new foresight methodologies that helped decision makers to identify new critical technologies, settle their innovation priorities, design public procurement initiatives, and ultimately foster the competitiveness of local firms. In 2018 I secured a grant from Innovate UK within the Business Basics Fund Programme for my project "Technology foresight for growth and productivity: the design and implementation of a new foresight approach for UK SMEs". I am committed to transfer the output of my research and make a positive impact on students, business managers, and public decision makers. 

Academic responsibilities

Professor of Strategic Management

Qualifications

  • Doctorate in Business Administration, School of Management, Polytechnic of Milan
  • MSc in Management Engineering, School of Management, Polytechnic of Milan

Teaching and learning

Research

My research aims to explore how corporate organizations and public governmental bodies cope with the growing uncertainty of the business environment. It focuses on strategic decision-making processes, organizational change and adaptation, and strategic foresight, and explores approaches like scenario planning, Delphi, and roadmapping. I carried out field research on prominent European and US firms that have established a corporate foresight unit and examined the impact of their foresight efforts on their long term performance. The output of my research is published in leading academic journals and contributed to an impact case study for REF2021.

Research student supervision

Main supervision

Other supervision

Publications

Number of items: 59.

Article

Vecchiato, Riccardo, Do, Hang, Pierrakis, Yannis and Blackburn, Robert (2023) Innovation and foresight in SMEs : lessons from the case of UK digital health companies. IEEE Transactions on Engineering Management, ISSN (print) 0018-9391 (Epub Ahead of Print)

Sakellariou, Evy and Vecchiato, Riccardo (2022) Foresight, sensemaking, and new product development : constructing meanings for the future. Technological Forecasting and Social Change, 184, p. 121945. ISSN (print) 0040-1625

Di Maddaloni, Francesco, Favato, Giampiero and Vecchiato, Riccardo (2022) Whether and when to invest in transportation projects : combining scenarios and real options to manage the uncertainty of costs and benefits. IEEE Transactions on Engineering Management, ISSN (print) 0018-9391 (Epub Ahead of Print)

Amati, Guido, Motta, Virna and Vecchiato, Riccardo (2020) Roadmapping for innovation management : evidence from Pirelli. R&D Management, 50(4), pp. 462-477. ISSN (print) 0033-6807

Vecchiato, Riccardo (2020) Analogical reasoning, cognition, and the response to technological change : lessons from mobile communication. Research Policy, 49(5), p. 103958. ISSN (print) 0048-7333

Vecchiato, Riccardo, Favato, Giampiero, Di Maddaloni, Francesco and Do, Hang (2020) Foresight, cognition, and long-term performance : insights from the automotive industry and opportunities for future research. Futures & Foresight Science, 2(1), e25. ISSN (online) 2573-5152

Vecchiato, Riccardo (2019) Scenario planning, cognition, and strategic investment decisions in a turbulent environment. Long Range Planning, 52(5), p. 101865. ISSN (print) 0024-6301

Favato, Giampiero and Vecchiato, Riccardo (2017) Embedding real options in scenario planning : a new methodological approach. Technological Forecasting and Social Change, 124, pp. 135-149. ISSN (print) 0040-1625

Favato, Giampiero, Easton, Tania, Vecchiato, Riccardo and Noikokyris, Emmanouil (2017) Ecological validity of cost-effectiveness models of universal HPV vaccination : a systematic literature review. Vaccine, 35(20), pp. 2622-2632. ISSN (print) 0264-410X

Vecchiato, Riccardo (2017) Disruptive innovation, managerial cognition, and technology competition outcomes. Technological Forecasting and Social Change, 116, pp. 116-128. ISSN (print) 0040-1625

Favato, Giampiero, Noikokyris, Emmanouil and Vecchiato, Riccardo (2017) Ecological validity of cost-effectiveness models of universal HPV vaccination : a protocol for a systematic review. Systematic Reviews, 6(17), ISSN (online) 2046-4053

Vecchiato, Riccardo (2015) Creating value through foresight : first mover advantages and strategic agility. Technological Forecasting and Social Change, 101, pp. 25-36. ISSN (print) 0040-1625

Vecchiato, Riccardo (2015) Strategic planning and organizational flexibility in turbulent environments. Foresight, 17(3), pp. 257-273. ISSN (print) 1463-6689

Vecchiato, Riccardo and Roveda, Claudio (2014) Foresight for public procurement and regional innovation policy : the case of Lombardy. Research Policy, 43(2), pp. 438-450. ISSN (print) 0048-7333

Vecchiato, Riccardo (2012) Environmental uncertainty, foresight and strategic decision making: an integrated study. Technological Forecasting and Social Change, 79(3), pp. 436-447. ISSN (print) 0040-1625

Vecchiato, Riccardo (2012) Strategic foresight and environmental uncertainty: a research agenda. Foresight, 14(5), pp. 387-400. ISSN (print) 1463-6689

Vecchiato, Riccardo (2012) Strategic foresight: matching environmental uncertainty. Technology Analysis & Strategic Management, 24(8), pp. 783-796. ISSN (print) 0953-7325

Roveda, Claudio and Vecchiato, Riccardo (2011) Experimentation of trans-regional foresight: the case of the ForTransRis project. International Journal of Foresight and Innovation Policy, 7(4), pp. 251-270. ISSN (print) 1740-2816

Vecchiato, Riccardo and Roveda, Claudio (2010) Strategic foresight in corporate organizations: handling the effect and response uncertainty of technology and social drivers of change. Technological Forecasting and Social Change, 77(9), pp. 1527-1539. ISSN (print) 0040-1625

Vecchiato, Riccardo and Roveda, Claudio (2010) Foresight in corporate organizations. Technology Analysis & Strategic Management, 22(1), pp. 99-112. ISSN (print) 0953-7325

Roveda, Claudio and Vecchiato, Riccardo (2008) Distretti industriali e politiche per l’innovazione: il ruolo del foresight [=Industrial districts and innovation policies: the role of foresight]. Journal of Industrial and Business Economics, 2008(1), pp. 5-24. ISSN (print) 0391-2078

Roveda, Claudio and Vecchiato, Riccardo (2008) Foresight and innovation in the context of industrial clusters: the case of some Italian districts. Technological Forecasting and Social Change, 75(6), pp. 817-833. ISSN (print) 0040-1625

Roveda, C., Vecchiato, R., Verganti, R. and Landoni, P. (2007) A new methodology for regional foresight. International Journal of Foresight and Innovation Policy, 3(2), pp. 218-234. ISSN (print) 1740-2816

Roveda, C., Vecchiato, R. and Vercesi, P. (2004) Relationships between national and regional foresight : the lessons from experience. International Journal of Foresight and Innovation Policy, 1(3/4), pp. 318-324. ISSN (print) 1740-2816

Book

Roveda, Claudio, Verganti, Roberto, Landoni, Paolo and Vecchiato, Riccardo (2007) Gli strumenti di strategic intelligence a supporto delle politiche per la ricerca e l’Innovazione [=Strategic intelligence tools to support research and innovation policies]. Milan, Italy : Guerini e Associati. 128p. ISBN 9788883359828

Roveda, Claudio and Vecchiato, Riccardo (2005) L’internazionalizzazione delle PMI nell’area milanese [=The internationalization of the SMEs of Milan]. Milan, Italy : Franco Angeli. 160p. ISBN 9788846468147

Book Section

Vercesi, Paolo, Monjas Kanpandegi, Ion X., Vecchiato, Riccardo and Pugno, Roberto (2014) Entrepreneurship collaboration, business models and firm creation : enhancing local economical network. In: Del B0, Alberto and Bignami, Daniele Fabrizio, (eds.) Sustainable social, economic and environmental revitalization in Multan City : a multidisciplinary Italian–Pakistani project. Cham, Switzerland : Springer. pp. 87-99. (Research for Development) ISSN (print) 2198-7300 ISBN 9783319021164

Roveda, Caludio, Vecchiato, Riccardo, Menghi, Alberto and De Roest, Keis (2013) L’impresa da latte del 2030 : valutazione dei driver. In: C.R.P.A. S.p.A., (ed.) Quale Futuro per i produttori di latte in Italia? Italy : Maggioli Editore. pp. 57-84. ISBN 9788838780721

Roveda, Claudio, Riva, Marco and Vecchiato, Riccardo (2013) Scoprire gli scenari futuri : il foresight. In: C.R.P.A. S.p.A, (ed.) Quale Futuro per i produttori di latte in Italia? Italy : Maggioli Editore. pp. 11-12. ISBN 9788838780721

Roveda, Claudio and Vecchiato, Riccardo (2005) Dinamiche evolutive degli studi e delle metodologie di technology foresight [=Evolutionary dynamics of technology foresight studies and methodologies]. In: Fondazione, Rosselli, (ed.) Le priorità nazionali della ricerca industriale : secondo rapporto” [=National priorities in industrial research, II report]. Milan, Italy : Guerini e Associati. pp. 459-474. ISBN 9788883356131

Roveda, Claudio and Vecchiato, Riccardo (2005) Foesight tecnologico : le prospettive dell'ambient intelligence. In: Fondazione, Rosselli, (ed.) L’industria della comunicazione in Italia : Ottavo rapporto IEM. Milan, Italy : Guerini e Associati. pp. 315-348. ISBN 9788883356490

Conference or Workshop Item

Bhimireddy, Nishanth, Pierrakis, Yannis and Vecchiato, Riccardo (2024) Unveiling trends and transformations in entrepreneurial finance research. In: London Text Analysis Conference 2024; 12-13 Sep 2024, London, U.K.. (Unpublished)

Bhimireddy, Nishanth, Pierrakis, Yannis and Vecchiato, Riccardo (2023) Uncovering themes in ICO-related tweets using BERTopic : an exploratory analysis. In: London Text Analysis Conference 2023; 07-08 Sept 2023, London, U.K.. (Unpublished)

Di Maddaloni, Francesco, Mosca, Luigi, Castro, Armando, Glass, Jacqueline and Vecchiato, Riccardo (2023) Knowledge transfer and value distribution from project organizations to local authorities. Investigating transactional cross-sector relationships in megaprojects. In: 39th EGOS Colloquium : Organizing for the good life : between legacy and imagination; 06-08 Jul 2023, Cagliari, Italy. (Unpublished)

Bhimireddy, Nishanth Sai Reddy, Pierrakis, Y. and Vecchiato, R. (2023) ICOs : how to measure success of an ICO. In: Economics of Financial Technology Conference 2023; 21-23 Jun 2023, Edinburgh, U.K.. (Unpublished)

Bhimireddy, Nishanth, Pierrakis, Yannis and Vecchiato, Riccardo (2022) Can Twitter sentiments predict success of initial coin offerings? In: Paper development workshop (PDW) for PhD students and early career researchers; 25 Nov 2022, Held online. (Unpublished)

Vecchiato, Riccardo, Do, Hang, Pierrakis, Yannis and Blackburn, Robert (2022) Technology foresight in SMEs : insights from the case of UK digital health small firms. In: European Academy of Management (EURAM) Annual Conference 2022 : Leading Digital Transformation; 15-17 June 2022, Winterthur/Zurich, Switzerland. (Unpublished)

Do, Hang, Vecchiato, Riccardo, Blackburn, Robert and Pierrakis, Yannis (2020) Technology foresight of UK SMES : opportunities and challenges for growth and productivity. In: RENT XXXIV : Entrepreneurship in the digital era; 18-20 Nov 2020, Naples, Italy (Held online). (Unpublished)

Vecchiato, Riccardo, Do, Hang, Blackburn, Robert and Pierrakis, Yannis (2019) Technology foresight for growth and productivity : case study of UK digital health SMEs. In: Institute for Small Business and Entrepreneurship (ISBE) 2019 : SPACE – exploring new frontiers and entrepreneurial places; 14-15 Nov 2019, Newcastle, U.K.. (Unpublished)

Favato, Giampiero and Vecchiato, Riccardo (2015) Embedding real options in scenario planning : a new methodological approach. In: Scenario 2015 : Improving Scenario Methodology : Theory and Practice; 14 - 15 Dec 2015, Coventry, U.K.. (Unpublished)

Vecchiato, Riccardo (2012) Predictive actions, learning, and strategic agility : evidence from mobile communication. In: 32nd Strategic Management Society (SMS) Annual International Conference : Strategy in Transition; 06 - 09 Oct 2012, Prague, Czech Republic. (Unpublished)

Vecchiato, Riccardo (2012) Predictive strategies, learning and performance in uncertain environments. In: 2012 Academy of Management Annual Meeting: The Informal Economy; 03 - 07 Aug 2012, Boston, U.S.. (Unpublished)

Vecchiato, Riccardo (2011) Customer needs, managerial cognition, and the decline of leading firms. In: 31st Strategic Management Society (SMS) Annual International Conference: Strategies for a Multi-Polar World: National Institutions And Global Competition; 06 -09 Nov 2011, Miami, U.S.. (Unpublished)

Vecchiato, Riccardo (2011) What to do next? Planning, learning, and performance in uncertain environments. In: 31st Strategic Management Society (SMS) Annual International Conference: Strategies for a Multi-Polar World: National Institutions And Global Competition; 06 -09 Nov 2011, Miami, U.S.. (Unpublished)

Vecchiato, Riccardo (2011) Customer needs, disruptive technologies, and the decline of incumbents. In: 2011 Academy of Management (AOM) Annual Meeting: West Meets East: Enlightening, Balancing, and Transcending; 12 - 16 Aug 2011, San Antonio, U.S.. (Unpublished)

Vecchiato, Riccardo and Roveda, Claudio (2011) Uncertainty, foresight, and strategic decision making : evidence from leading companies. In: 4th International Seville Conference on Future-Oriented Technology Analysis (FTA): FTA for structural and systemic transformations in response to grand societal challenges: integrating insights, transforming institutions and shaping innovation systems; 12 - 13 May 2011, Seville, Spain.

Vecchiato, Riccardo (2010) Foresight, dynamic capabilities, and the sustainability of competitive advantage. In: 30th Strategic Management Society (SMS) Annual International Conference: Strategic Management at the Crossroads; 12 - 15 Sep 2010, Rome, Italy. (Unpublished)

Vecchiato, Riccardo (2010) Disruptive technologies, business model innovation and the decline of leading firms. In: Strategic Management Society (SMS) Special Conference 2010: Intersections of Strategy Processes and Strategy Practices; 17 - 20 Mar 2010, Lapland, Finland. (Unpublished)

Vecchiato, Riccardo and Roveda, Claudio (2009) Environmental uncertainty, foresight and strategy formulation: an integrated theory. In: 29th Strategic Management Society (SMS) Annual International Conference: Strategies in an Uncertain World; 11 -14 Oct 2009, Washington D.C., U.S.. (Unpublished)

Roveda, Claudio and Vecchiato, Riccardo (2009) Experimentation of trans-regional foresight: the case of the ForTransRis project. In: Triple Helix V11 International Conference : The role of Triple Helix in the Global Agenda of Innovation, Competitiveness and Sustainability; 17 - 19 June 2009, Glasgow, U.K.. (Unpublished)

Vecchiato, Riccardo and Roveda, Claudio (2008) Strategic foresight and knowledge management. In: 28th Strategic Management Society (SMS) Annual International Conference : How does knowledge matter?; 12 - 15 Oct 2008, Cologne, Germany. (Unpublished)

Vecchiato, Riccardo and Roveda, Claudio (2008) Foresight in multinational corporations. In: Academy of International Business (AIB) 2008 Annual Meeting : Knowledge Development and Exchange in International Business Networks; 30 Jun - 03 Jul 2008, Milan, Italy. (Unpublished)

Vecchiato, Riccardo and Roveda, Claudio (2007) Strategic foresight: investigating market and non-market drivers of change in corporate organizations. In: 27th Strategic Management Society (SMS) Annual International Conference : The Challenges of Non-Market Influences on Market Strategies; 14 - 17 Oct 2007, San Diego, U.S.. (Unpublished)

Vecchiato, Riccardo and Roveda, Claudio (2007) Strategic management of industrial change: governing disruptive trends. In: 27th Strategic Management Society (SMS) Annual International Conference : The Challenges of Non-Market Influences on Market Strategies; 14 - 17 Oct 2007, San Diego, U.S.. (Unpublished)

Vecchiato, Riccardo and Roveda, Claudio (2006) Foresight in corporate organizations. In: 2nd International Seville Seminar on Future-Oriented Technology Analysis (FTA) : Impact of FTA approaches on policy and decision-making; 28 - 29 Sep 2006, Seville, Spain. (Unpublished)

Roveda, Claudio and Vecchiato, Riccardo (2006) Foresight in the context of industrial clusters : the case of Italian districts. In: 2nd International Seville Seminar on Future-Oriented Technology Analysis (FTA) : Impact of FTA approaches on policy and decision-making; 28 - 29 Sep 2006, Seville, Spain. (Unpublished)

Roveda, C., Vecchiato, R. and Viale, R. (2006) European challenges – foresight and policy making. In: VII Bled Forum on Europe : Foresight Conference on Global, European and Regional Governance; 03 - 04 Mar 2006, Bled, Slovenia. (Unpublished)

Roveda, Claudio, Moncalvo, Dario, Ughetto, Elisa and Vecchiato, Riccardo (2005) Foresight in the light of the triple helix model : evidence from the Italian experience. In: Triple Helix V International Conference : Capitalization of knowledge and its cognitive, economic, social and cultural aspects; 18 - 21 May 2005, Turin, Italy. (Unpublished)

Roveda, C., Vecchiato, R., Verganti, R. and Landoni, P. (2004) The RISE project: new methodologies for regional foresight. In: 1st International Seville Seminar on Future-Oriented Technology Analysis (FTA) : new horizons and challenges for future–oriented technology analysis; 13 -14 May 2004, Seville, Spain. (Unpublished)

This list was generated on Sun Dec 1 04:57:57 2024 GMT.

Business, knowledge transfer and international

I have been Principal Investigator or Co-Investigator for several research projects funded by the EU Commission and the national governments of Italy and UK aimed at developing, transferring, and applying new foresight methodologies in public governmental bodies, large companies, and SMEs. The aim of these projects was to help public organizations and companies to set their R&D and innovation priorities in a rational way, by optimizing the long term impact of their strategic investments. 

Professional practice, knowledge exchange and impact

I have acted as consultant in the field of strategic foresight for major companies in Italy and the EU. My collaboration with Pirelli led to an action research-based paper I published in 2020 in R&D Management and an impact case study ("Product and Technology Roadmapping (TRM) at Pirelli") that was highly ranked in the REF2021. Senior managers at Pirelli learnt about my research work, which illustrated how successful companies have designed and used product and technology roadmapping (TRM) for coping with the increasing volatility of the business environment. We then started a cooperation which led to the co-design and co-creation of an innovative approach to TRM – an approach which was bespoke to the specific needs of this company.

Qualifications and expertise

  • Fellowship of the Higher Education Academy

Leadership and management

I am the founder and leader of the research hub on Foresight, Creativity, and Decision-making of the Kingston Business School. The objective of this research hub is to bring together, under the common umbrella of decision making under uncertainty, the expertise and competences of the business school in all the related research areas of:

  • Strategic foresight, cognition and psychology of decision-making
  • Advanced quantitative modelling of financial valuation under uncertainty
  • Risk management in operations management and project management
  • Organisational creativity, innovation and user foresight
  • SMEs and entrepreneurship

I am a REF 21 & REF 27 Internal Review Panel member.

I have been Principal Investigator for several research projects funded by the EU Commission and the national governments of Italy, the EU, and UK.

I am responsible for all the modules of strategic management delivered to PG and MBA students at the Kingston Business School, involving around 10 occurrences and 600 students in UK, Russia, and Germany.