Karel Klusacek is a MS graduate of the Institute of Chemical Technology in Prague (1973). He received his PhD from the Academy of Sciences in Physical Chemistry (1978) and his MBA from the Business School of the Sheffield Hallam University, UK (1998). After 15 years of research in Chemical Reaction Engineering at the Academy of Sciences, Mr. Klusacek was appointed Director of the Technology Centre AS CR. His main professional interests include studies of various aspects of research and innovation, foresight, identification of research priorities and formulation of regional innovation strategies. He is President of the Czech Society for Promotion of Technology Transfer, Czech delegate of the Scientific and Technical Research Committee (CREST) of the European Commission, member of the Czech Engineering Academy and member of the Editorial Board of the „International Journal of Foresight and Innovation Policy“. He has recently coordinated several international and national projects in the area of technology transfer, foresight, business incubation, knowledge-based competitiveness and regional innovation strategy. Mr. Klusacek manages national project “Strategic Studies for Research and Development” focused on providing strategic information to policy-makers. In 2001 – 2004 he was the coordinator of two cycles of the first Czech National Foresight Exercise.