Successful industrial product innovation: an integrative literature review
In: Bibliographies and indexes in economics and economic history 11
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In: Bibliographies and indexes in economics and economic history 11
In: Decision sciences, Band 23, Heft 5, S. 1231-1239
ISSN: 1540-5915
ABSTRACTThis note presents a model for the effective market segment determination problem. The integer goal programming model was developed for a nonprofit health care organization. The approach is an alternative application of a model presented by McClure and Wells [7]. The model includes input from the organization's clients as well as the organization's decision makers. A distinctive element is the simultaneous development of market segments and the consideration of management, institutional, and resource constraints. The purpose of the model was to aid the decision makers in determining if effective market segments exist which can be reached with information and educational materials concerning infant nutrition and breastfeeding. The model was tested and found to be effective in helping the decision makers segment their clients.
In: The journal of business & industrial marketing, Band 38, Heft 1, S. 12-35
ISSN: 2052-1189
PurposeThe purpose of this study is to conduct a meta-analytic review based on a theoretical framework developed for investigating new product development (NPD) teams in the first two decades of the research stream.Design/methodology/approachThis study contributes to literature by investigating the presence of publication bias and synthesizing correlation effect sizes of 27 factors influencing three NPD team performance dimensions: overall, market-based (e.g. sales, profitability), process-based (e.g. budget adherence, schedule adherence) outcomes. Further, this study presents a path analytical model that uses the aggregate study effects to identify significant drivers of NPD team performance.FindingsFirst, examination of extant literature shows no publication bias. Next, analyses show that three internal team dynamic variables have the most significant positive effect on overall NPD team performance: team member job satisfaction, cross-functional integration and superordinate identity. For market-based performance, three goal-related contextual factors exert the most positive influence, namely, goal stability, goal clarity and goal support, in respective order. Further, for process-based performance, cross-functional integration's strong positive effect is followed by team and goal stability. Moreover, physical distance, interpersonal and task conflict have significant negative effects on NPD team performance. Finally, both market- and process-based NPD team performance are significantly influenced by NPD team's cohesion, which acts a mediator between two contextual factors: physical distance and team tenure.Research limitations/implicationsThis meta-analysis contributes to literature by providing a comprehensive model of NPD team performance predictors, their definitions, along with their corresponding effects in predicting performance. While team cohesion is found to be a strong predictor of both market- and process-based performance, future research can examine if too much cohesion has a detrimental effect, especially on market-based performance.Practical implicationsThe results assist managers in shifting their priorities to ensure optimal support of NPD teams. For example, team leadership competence externally has a larger effect on overall performance compared to team leadership for internal team dynamics. Hence, team leaders should make sure that they manage the team's relationships with external parties (e.g. other functional units) with more caution.Originality/valueThis study provides a guiding framework for analyzing NPD team performance as well as identifies and then addresses many knowledge gaps on NPD team performance.
In: The journal of business & industrial marketing, Band 15, Heft 5, S. 340-353
ISSN: 2052-1189
The interdependence of economies has led many researchers to examine whether US business practices are universal. Various models and scenarios have been investigated in an attempt to further understand foreign business counterparts. This paper utilizes a previously developed US‐based model on the problem‐solving approach in negotiation and tests its applicability among Canadian industrial exporters. The authors found that the sample's problem‐solving orientation was highly influenced by two sets of factors: individual as well as organizational factors. Consequently, it seems that within the context of the problem‐solving orientation, Canadian exporters share similar patterns of behavior to those of their US counterparts.
In: The journal of business & industrial marketing, Band 11, Heft 6, S. 61-73
ISSN: 2052-1189
The willingness of negotiating parties to cooperate, communicate, and compromise ‐ prerequisites of the problem‐solving orientation ‐ often lead to successful outcomes. Consequently, problem‐solving oriented strategies are often employed by negotiators in order to achieve mutually acceptable outcomes. The results of a survey conducted among 98 exporters indicate that negotiators' perceptions of their counterparts' strategies seem to have the strongest influence on the extent of problem‐solving behaviors observed among negotiators. Prenegotiation experience, inherent conciliatory predisposition, and perceptions of the organization's flexibility were also found to influence negotiators' problem‐solving orientation.
In: The journal of business & industrial marketing, Band 11, Heft 1, S. 17-41
ISSN: 2052-1189
Reassesses the relationships between managerial perceptions of movement and discontinuities in the environment, and managers' abilities and proneness toward engaging in information‐gathering activities. Survey data from several organizations in different industries were collected to investigate the scanning behavior of managers. Finds empirical support for some of the relationships that were proposed. Explores possible explanations for the lack of support for several important relationships that have been advanced in the literature, and submits managerial implications and suggestions for future research based on the findings.
In: Journal of marketing theory and practice: JMTP, Band 3, Heft 3, S. 88-98
ISSN: 1944-7175
In: Leisure sciences: an interdisciplinary journal, Band 12, Heft 1, S. 67-78
ISSN: 1521-0588
In: International Journal of Physical Distribution & Materials Management, Band 15, Heft 7, S. 5-18
Regardless of the size of the firm, the sector of the transportation industry or the style of management, distribution runs on information. The sheer size and volume of today's distribution activities require a high degree of commitment to computer‐based technologies to support managerial decisions on a continuous basis.
In: The journal of business & industrial marketing, Band 22, Heft 1, S. 4-19
ISSN: 2052-1189
PurposeThe purpose of this paper is to examine the interaction of pricing strategies with other aspects of launch, in particular, timing, logistics/inventory strategy, and coordination with support organizations, and the effect on profit and competitive performance.Design/methodology/approachThe paper presents an empirical study of 215 recent new product launches, focusing on pricing and other strategic and tactical launch decisions and the resulting profitability and competitive performance. Clusters of new product launches are identified and the profitability and competitiveness of each cluster are discussed.FindingsThe paper finds that some clusters are related to greater success than others. The most profitable and competitively successful cluster contained launches supported by solid market research and marked by good timing decisions. By contrast, the least profitable/successful cluster were higher price launches unsupported by adequate research.Research limitations/implicationsThe study is limited by the fact that the sampling frame is made up of members of a professional association of product development and management, and may therefore be more representative of "best practice" in new product development (NPD) than of NPD in general. The authors believe the use of the key informant method is justified in this study, however this method has been criticized in the past.Originality/valueThe pricing decision for a new product is sometimes oversimplified as a "high‐low" or "skimming versus penetration" choice. The study finds that the actual effect of pricing on ultimate success is much more complex, and that one must consider not only price level, but also the timing of the launch, the logistics and inventory strategy, the extent of market research, testing, and planning, and so forth.
In: International Journal of Conflict Management, Band 17, Heft 4, S. 332-351
PurposeThe paper seeks to explain the collaborative intent, trust development, and conflict resolution in a headquarters‐subsidiary relationship in a new product launch context in an emerging market.Design/methodology/approachGrounded theory development is employed through personal interviews with senior executives of selected multinational firms operating in Turkey.FindingsA major challenge in collaboration is convincing both parties to the dyad that the expertise of the other party is essential for effective collaboration.Research limitations/implicationsThe findings are based solely on looking at the subsidiary side of the subsidiary‐HQ dyad in a single country, which limits their generalizability. Since we did not interview the HQ side of this dyad, speculations made about the possible reactions of HQ personnel to subsidiary actions must be interpreted with caution.Practical implicationsThe perceptions of both parties play a far more important role than the facts or perceptions of just one party when it comes to relationships and conflict resolution. Both parties need to pay more attention to the possible causes of means incongruence and take perception gaps and the other side's needs and expertise into account when approaching collaboration and conflict resolution.Originality/valueAgency theory is extended to a multinational firm‐subsidiary context in order to suggest mechanisms for resolving conflict through increased communication, greater trust in each other's capabilities, and greater collaboration in meeting common challenges. A diagnostic and prescriptive framework and mechanisms are also offered through which disruptive conflict can be transformed into functional conflict and collaboration.
In: The international journal of conflict management: IJCMA, Band 17, Heft 4, S. 332-351
ISSN: 1044-4068
In: IEEE transactions on engineering management: EM ; a publication of the IEEE Engineering Management Society, Band 55, Heft 2, S. 304-315
In: The journal of business & industrial marketing, Band 18, Heft 1, S. 6-21
ISSN: 2052-1189
This study surveys a broad spectrum of US manufacturer and service firms to examine the effect of tacit knowledge transfer on firm innovation capability. The authors present a set of hypotheses concerning the relationships between inter‐firm relationship strength and tacitness of knowledge transfer, extent of tacit knowledge transfer and innovation capability, and innovation capability and innovation performance based on the theory of knowledge. Moderating roles of firm collaborative experience and firm size on the relationship between inter‐firm relationship strength and the extent of tacit knowledge transfer are considered. Empirical results generally support the predictions from the theory and managerial implications are included.
In: International journal of physical distribution and logistics management, Band 30, Heft 6, S. 472-499
ISSN: 0020-7527
The complexity, uncertainty, and diminished control found in global operations hinder the development of world‐class competencies. For example, as a firm rationalizes manufacturing, logistical challenges increase. As a result, cost advantages achieved through production sharing are often offset by higher logistics costs. This multi‐method explores the cross‐functional development of quality and cost competencies in an international production sharing setting. Overall, the study found that information and planning capabilities are vital antecedants to cost and quality competencies. The impact of cost on a firm's performance is direct, while the impact of quality is indirect, through productivity enhancements.