Previous research has investigated the link between product success and key steps in the new products development process. Because the design/ development phase of this process uses large proportions of resources, it has been carefully scrutinized. Nevertheless, the impact on new product success levels of an important aspect of this phase-the technically oriented design steps-has not been comprehensively examined and has been neglected in favor of such nontechnical dimensions as the marketing/R&D interface problem. Richard Hise, Larry O'Neal, James McNeal and A. Parasuraman report the results of a study of 195 new industrial products. They conclude that new product developers may jeopardize the success potentials of new industrial products by not performing specific design steps and by instituting an incomplete design/ development agenda.
ASJC Scopus subject areas
- Strategy and Management
- Management of Technology and Innovation