The future prosperity of Europe will be significantly influenced by the ability of regions to fully
develop their potential and to find their role in the emerging knowledge-based economy.
A number of European regions have developed innovation strategies recently, and other regions
are prepared to launch similar projects soon. Extension of already formulated regional innovation
strategies using foresight techniques, or conducting foresight in parallel with future strategic
policy activities, can produce new alternatives of regional development and contribute to a
better development of regional knowledge infrastructure favouring the development regional
economy and quality of life.