In essence, Foresight provides a framework for a group of people concerned with common issues at stake (e.g. future of EU manufacturing, R&D and innovation priorities, transport and mobility, etc.) to jointly think about the future in a structured and constructive way.
Foresight provides a number of tools to support participants (i.e. policy makers, experts and other stakeholders) to develop visions of the future and pathways towards these visions. Foresight is more and more perceived as a valuable policy instrument complementing more classical steering approaches, such as direct financial incentives.