Venture team application to new product development
In: The journal of business & industrial marketing, Band 4, Heft 1, S. 49-59
ISSN: 2052-1189
Presents a new product implementation model which is designed to
reduce the risk inherent in new product ventures in the industrial
marketplace. Show that while there is debate over the number of
failures, there is little debate that the new product failure rate is
high. Describes a process that gives the industrial firm the ability to
exert greater control over internal and external factors critical to the
successful new product implementation. Concludes that the model is
appropriate for many types of firms.