This paper offers an approach to assess the quality of foresight knowledge deployed or generated during foresight exercises. Although 'foresight knowledge' is a special case, the idea of having a procedure, an approach or a method available for assessing the quality of knowledge is tempting:...

An average machine lags in terms of productivity and technological advancement behind a cutting-edge machine. This lag was first defined by Cummins and Violante (2002) as the technology gap. Using the vector error correction model, I show that the technology gap is cointegrated with human...