INVESTIGATION OF THE ROLE OF VENTURE COMPANIES IN THE EARLY STAGES OF THE PRODUCT LIFE CYCLE

2017 ◽  
Vol 2 (2(10)) ◽  
pp. 144-149
Author(s):  
P. G. Pererva ◽  
◽  
T. O. Kobielieva ◽  
N. P. Tkachova ◽  
◽  
...  
Keyword(s):  
Life Cycle ◽  
Product Life Cycle ◽  
Product Life ◽  
Early Stages

scholarly journals Evaluating the role of simulation in healthcare innovation: recommendations of the Simnovate Medical Technologies Domain Group

2017 ◽  
Vol 3 (Suppl 1) ◽  
pp. S8-S14 ◽  
Author(s):  
Amin Madani ◽  
Benoit Gallix ◽  
Carla M Pugh ◽  
Dan Azagury ◽  
Paul Bradley ◽  
...  
Keyword(s):  
Life Cycle ◽  
Product Development ◽  
Conceptual Framework ◽  
Product Life Cycle ◽  
Online Survey ◽  
Product Launch ◽  
Product Life ◽  
Product Effectiveness ◽  
Healthcare Innovation

BackgroundInnovation in healthcare is the practical application of new concepts, ideas, processes or technologies into clinical practice. Despite its necessity and potential to improve care in measurable ways, there are several issues related to patient safety, high costs, high failure rates and limited adoption by end-users. This mixed-method study aims to explore the role of simulation as a potential testbed for diminishing the risks, pitfalls and resources associated with development and implementation of medical innovations.MethodsSubject-matter experts consisting of physicians, engineers, scientists and industry leaders participated in four semistructured teleconferences each lasting up to 2 hours each. Verbal data were transcribed verbatim, coded and categorised according to themes using grounded theory, and subsequently synthesised into a conceptual framework. Panelists were then invited to complete an online survey, ranking the (1) current use and (2) potential effectiveness of simulation-based technologies and techniques for evaluating and facilitating the product life cycle pathway. This was performed for each theme of the previously generated conceptual framework using a Likert scale of 1 (no effectiveness) to 9 (highest possible effectiveness) and then segregated according to various forms of simulation.ResultsOver 100 hours of data were collected and analysed. After 7 rounds of inductive data analysis, a conceptual framework of the product life cycle was developed. This framework helped to define and characterise the product development pathway. Agreement between reviewers for inclusion of items after the final round of analysis was 100%. A total of 7 themes were synthesised and categorised into 3 phases of the pathway: ‘design and development’, ‘implementation and value creation’ and ‘product launch’. Strong discrepancies were identified between the current and potential roles of simulation in each phase. Simulation was felt to have the strongest potential role for early prototyping, testing for safety and product quality and testing for product effectiveness and ergonomics.ConclusionsSimulation has great potential to fulfil several unmet needs in healthcare innovation. This framework can be used to help guide innovators and channel resources appropriately. The ultimate goal is a structured, well-defined process that will result in a product development outcome that has the greatest potential to succeed.

scholarly journals The role of the time-based product life cycle cost technique in managing costs in economic units

2021 ◽  
Vol 11 (3) ◽  
pp. 437-451
Author(s):  
Dirar Abdulhameed Altoum Alotaibi ◽  
Salah Mahdi Jawad Al-Kawaz ◽  
Basem Abdul-Hussein Al-Qassab
Keyword(s):  
Life Cycle ◽  
Life Cycle Cost ◽  
Product Life Cycle ◽  
Business Environment ◽  
Life Cycle Costing ◽  
Accurate Data ◽  
Product Life ◽  
Product Competition ◽  
The Cost

The purpose of this study is to direct interest in using the sound methodology in cost management and to choose a more effective approach to managing costs from a series of alternatives in order to obtain more accurate data on the cost of the product. Competition in the market, Clarifying the role of the time-based product life cycle costing technique in providing integrated information on resources and their costs and for each stage of the product life cycle, which would contribute to managing costs throughout the product life cycle. To achieve this goal, the time-based product life cycle costing technique was applied on data obtained from the laboratory records, the research sample, as well as the field experience. The research reached several conclusions, the most important of which is that the failure of traditional cost systems to meet the requirements and objectives of management as they are no longer able to provide accurate data that help the administration in making decisions as a result of changes and developments in the business environment, most notably the intense competition, which resulted in the emergence of modern techniques in the field of management Cost that is able to keep pace with these changes and developments. The most important of which is the time-based product life-cycle cost technique.

scholarly journals AAPS Workshop on the Role of Dissolution in QbD and Drug Product Life Cycle: A Commentary

2010 ◽  
Vol 17 (4) ◽  
pp. 41-45 ◽  
Author(s):  
Susan S. D’Souza ◽  
Ruben Lozano ◽  
Stephen Mayock ◽  
Vivian A. Gray
Keyword(s):  
Life Cycle ◽  
Product Life Cycle ◽  
Drug Product ◽  
Product Life
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