scholarly journals Antecedents and Consequences of Entrepreneur Imaginativeness

2020 ◽  
Vol 55 (5) ◽  
Author(s):  
Widodo ◽  
Tatiek Nuhayatie
Keyword(s):  
Product Development ◽  
New Product Development ◽  
Structural Equation ◽  
Small And Medium Enterprises ◽  
Model Development ◽  
New Product ◽  
Equation Modeling ◽  
Antecedents And Consequences ◽  
Experience Intensity ◽  
Medium Enterprises

This article aims to develop the entrepreneurial imaginativeness model (creative imaginativeness, social imaginativeness, practical imaginativeness) towards new product development performance with the antecedent of experience intensity. The respondents of this study are the 220 leaders of the Batik Micro Small and Medium Enterprises. The analysis technique in this study uses Structural Equation Modeling using AMOS software. The finding of this study is the main priority of entrepreneurial imaginativeness model development towards new product development performance by increasing creative imaginativeness, with indicators as follows: (1) I consider myself to be inventive; (2) I consider myself to be innovative; (3) I demonstrate originality in my work; and (4) I like to create original work. Creative imaginativeness is developed by experience intensity with the indicators as follows: (1) Business management; (2) Handling consumer complaints; (3) Good relations with outside parties; and (4) Handling dynamics.

scholarly journals Virtual R&D Teams: A New Model for Product Development

2015 ◽  
Vol 3 (2) ◽  
pp. 01-27 ◽  
Author(s):  
Nader Ale Ebrahim
Keyword(s):  
Product Development ◽  
Research And Development ◽  
Virtual Teams ◽  
New Product Development ◽  
Structural Equation ◽  
Online Survey ◽  
Small And Medium Enterprises ◽  
New Product ◽  
Equation Modeling ◽  
New Model

Increased global competitions have urged small and medium enterprises (SMEs) to develop new products faster. Virtual research and development (RD) teams in SMEs can offer a solution to speed up time-to-market of new product development (NPD). However, factors that affect the effectiveness of virtual teams for NPD are still not adequately verified. This paper presents the correlations between virtual RD team constructs and virtual team effectiveness by developing a “Virtual Research and Development Team” (ViRDT) model. The items, which may influence the effectiveness of virtual teams, are taken from the literature. Through an online survey and by application of structural equation modeling (SEM) technique, the proposed model (ViRDT) has been tested. The results suggest that the process construct is strongly correlated to the effectiveness of virtual teams. Therefore, NPD managers in virtual RD teams should concentrate on the process of new product development rather than simply equipping the teams with the latest technology or employing highly qualified experts. Further empirical research is recommended to fully explore and appreciate the breadth of application of the ViRDT model.Virtual Ramp;D Teams: A New Model for Product Development

The contingent effects of coopetition on new product development under dual institutional interactions: evidence from China

2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Hao Shen ◽  
Yu Gao ◽  
Chuan Liu ◽  
Xiangru Chen
Keyword(s):  
Product Development ◽  
New Product Development ◽  
Structural Equation ◽  
New Product ◽  
Government Support ◽  
Equation Modeling ◽  
Institutional Environments ◽  
Dual Nature ◽  
Content Type ◽  
Business Context

Purpose Integrating the coopetition perspective with institutional theory, this study aims to determine how balanced patterns (BPs) and combinative patterns (CPs) of coopetition impact firms’ new product development (NPD) and how these effects are contingent on the various types of interactions between firms and the institutional environments in which they are embedded. Design/methodology/approach To test the hypotheses, 303 firms in China were surveyed. Based on the responses, the proposed model was estimated using structural equation modeling and hierarchical regression analysis. Findings The findings indicate that CP of coopetition enhances NPD but a BP of coopetition impedes NPD. Further, the results suggest that obtaining government support positively moderates the effect of the CP on NPD but negatively moderates the effect of the BP. Conversely, influencing government policy negatively moderates the effect of the CP but positively moderates that of the BP on NPD. Research limitations/implications The findings indicate that different patterns of inter-firm coopetition may have different effects on NPD, thus, providing a holistic and dynamic understanding of the contingent value of coopetition for NPD. The findings also suggest that the complex effects of coopetition on NPD are influenced by institutional interactions, introducing further contingencies to the process of coopetition-based innovation. Practical implications This study provides guidelines for managers seeking to fully understand and capitalize on the dual nature of coopetition: they should be cautious about the different patterns of competition – cooperation interaction and manage their interactions with institutional environments to increase the benefits and avoid the potential damage that different types of coopetition may bring. Originality/value This study offers direct insights into the balanced nature of coopetition and opens up an avenue for further exploration of the specific effects of cooperation dominance and competition dominance on firm performance in the business-to-business context. Moreover, the proposed contingency model offers a potential interface between institutional and coopetition research on NPD in marketing and strategic fields.

Small and medium district enterprises and the new product development challenge

2003 ◽  
Vol 23 (6) ◽  
pp. 678-697 ◽  
Author(s):  
Alberto De Toni ◽  
Guido Nassimbeni
Keyword(s):  
Product Development ◽  
New Product Development ◽  
Manufacturing Systems ◽  
Small And Medium Enterprises ◽  
New Product ◽  
Local System ◽  
Product Development Process ◽  
Development Activity ◽  
Design And Manufacturing ◽  
Medium Enterprises

This study describes the results of an empirical research on a sample of small and medium enterprises belonging to one of Italy's most important local manufacturing systems: the eyewear district. The main objective of the project was to suggest ways of improving new product development within the small and medium enterprises of the district. Data were collected from five buyer firms and 49 subcontractors, and experts of the local system were interviewed in order to acquire information on the product development process. The study: highlights the distinctive aspects of eyewear products and the consequent design and manufacturing specificity; maps the product development activity; identifies difficulties and problems SMEs usually encounter in these activities; and suggests how improvements can be made.

Innovation Landscape Idea to Product Development

2016 ◽  
pp. 358-369
Author(s):  
Alok Kumar Goel ◽  
Puja Singhal
Keyword(s):  
Product Development ◽  
New Product Development ◽  
Entrepreneurial Orientation ◽  
Product Innovation ◽  
Small And Medium Enterprises ◽  
New Product ◽  
Small Scale ◽  
Innovation Ecosystem ◽  
Medium Enterprises ◽  
Policies And Practices

This study seeks to address various phases, challenges and the principles influencing transforming an idea into a product innovation. This study is particularly relevant in light of the driving role given to small scale enterprises by the supporting policies and practices in the process of transforming India into an innovation-oriented nation and leading ‘Make in India' program. Based on a multi-disciplinary the framework discussed in this study highlights a number of internal processes and external network attributes, their interactions and moderating relationships as related to their impact on Indian small scale enterprises' product innovation capabilities. This study offers an overview of the factors that affect product innovation capabilities, with particular reference to entrepreneurial orientation of Indian Small and Medium Enterprises (SMEs). This study showcase provocative views that considers the concept of innovation ecosystem and new product development central to its philosophy and objectives.

scholarly journals Co-creation in new product development: Which drivers of consumer participation?

2020 ◽  
Vol 12 ◽  
pp. 184797902091376 ◽  
Author(s):  
Marco Mandolfo ◽  
Shan Chen ◽  
Giuliano Noci
Keyword(s):  
Product Development ◽  
Personality Traits ◽  
New Product Development ◽  
Structural Equation ◽  
New Product ◽  
Consumer Participation ◽  
Equation Modeling ◽  
High Tech ◽  
Specific Product ◽  
Conceptual Background

The present study investigates co-creation in new product development by providing a conceptual background in the psychological factors favoring consumer participation in company processes. The work explores the consumers’ profiles willing to participate in co-creation, through the identification of their personality traits, key motivations, and barriers. Two product typologies are investigated, namely high-tech and high-touch products through survey research on a sample of Italian consumers. Results from structural equation modeling show that consumers’ personality traits affect the perceived motivations and barriers to co-create, in turn shaping their willingness to co-create. Furthermore, consumer willingness to co-create varies depending on the product typology. Under a managerial viewpoint, the research study provides practitioners with keys to design targeted co-creation activities, fitting with the specific product typology and audience, and to devise the most suitable participation incentives to offer.

scholarly journals New Product Development Process Design for Small and Medium Enterprises: A Systematic Literature Review from the Perspective of Open Innovation

2021 ◽  
Vol 7 (2) ◽  
pp. 153
Author(s):  
Muhammad Iqbal ◽  
Amalia Suzianti
Keyword(s):  
Literature Review ◽  
Product Development ◽  
New Product Development ◽  
Process Design ◽  
Quality Function Deployment ◽  
Small And Medium Enterprises ◽  
New Product ◽  
Product Development Process ◽  
Design Activities ◽  
Medium Enterprises

New product development (NPD) is essential for large, as well as small and medium, enterprises (SMEs). Despite its importance for the economy, challenges remain in the NPD in SMEs. Product success is related with the NPD process, so it is important for SMEs to be able to design their NPD process. This paper aims to identify SME’s NPD research topics, the characteristics of the NPD process in SMEs, and important aspects to be considered for NPD process design. The literature review is done with the analysis of 99 selected academic articles from Scopus and ScienceDirect. Content analysis, bibliographic analysis, and clustering method (based on Pearson’s correlation coefficient) are used to conduct the identification. Less-formal processes, informal strategic planning, limited resources, need technology support, and lack of capabilities in certain fields are some of the characteristics of SME’s NPD. Collaborative product development, competitive advantage, information and communication technology (ICT), concurrent engineering, quality function deployment, and continuous improvement are important keywords based on previous research in SME’s NPD. Design activities in NPD, collaboration and source of innovation, and process modelling, tools, and techniques appear to be important aspects related with the SME’s NPD process.

scholarly journals Customer agility and firm performance in the tourism industry

Tourism ◽  
2020 ◽  
Vol 68 (1) ◽  
pp. 68-82
Author(s):  
Vu Minh Ngo ◽  
Hieu Minh Vu
Keyword(s):  
Structural Equation ◽  
Small And Medium Enterprises ◽  
Tourism Industry ◽  
Partial Least Square ◽  
Least Square ◽  
Equation Modeling ◽  
Organizational Agility ◽  
Research Findings ◽  
Antecedents And Consequences ◽  
Medium Enterprises

The growing importance of agility in any business process is universally accepted and extensively investigated in different disciplines. However, lacking empirical pieces of evidence for the suggested theoretical framework of agility hinders its application in the practices. Thus, this study attempts to address this issue by empirically testing a framework of customer agility’s antecedents and consequences using the tourism industry context. The framework is tested on data collected from 231 Small and Medium Enterprises (SMEs) in the tourism industry in Vietnam and analyzed using Partial Least Square Structural Equation Modeling (PLS-SEM). Findings suggest that not all attributes of customer agility exert positive impacts on the firm’s performance and human factors are posited as the most important antecedents for organizational agility. A number of practical implications are also suggested from the research findings

scholarly journals The Extent of New Product Development Partnership between Universities and the Manufacturing Firms in Ghana

2021 ◽  
Vol 11 (4) ◽  
Author(s):  
Munkaila, Alhassan ◽  
Clinton, Aigbavboa ◽  
Wellington, Didibhuku. Thwala
Keyword(s):  
Product Development ◽  
New Product Development ◽  
Structural Equation ◽  
Factor Model ◽  
New Product ◽  
Manufacturing Firms ◽  
Careful Examination ◽  
Equation Modeling ◽  
Skills Acquisition ◽  
Main Construct

The importance of new product development in building both technological and technical capacity of university and firm cannot be overemphasized. Collaborations between HE and industry in NPD is conceived as mutual interaction for skills acquisition and economic improvement. The study was designed to determine the extent of new product development partnership between HEIs and the manufacturing firms. A survey was conducted, and a sample of 400 was drawn from both HE and industry; the data were then analyzed using structural equation modeling (SEM) software of EQS version 6.2.The results revealed that there is weak interaction between HE and industry, also there is no formal partnership between the two on new product development. in order to strengthen the mutual relationship, a conceptual model had been developed after a careful examination and assessment of the key factors of NPD and after preliminary CFA analysis conducted to establish the determinants of the main construct. A nine-factor model was then developed for university and industry. The study therefore recommends that higher education and industry adopt this new model for effective partnership on NPD.

scholarly journals Effect of Customer Orientation and Competitor Orientation on New Product Development of Woven Products: The Role of Innovation Possibilities

2020 ◽  
Vol 7 (7) ◽  
pp. 156
Author(s):  
Jamilah Jamilah ◽  
Dwi Putra Buana Sakti ◽  
Lalu Edy Herman
Keyword(s):  
Product Development ◽  
New Product Development ◽  
Structural Equation ◽  
Customer Orientation ◽  
New Product ◽  
Equation Modeling ◽  
Significant Positive Effect ◽  
Innovation Capability ◽  
Competitor Orientation ◽  
Positive Effect

The purpose of this research is to find out the significance of the influence of Customer Orientation, Competitor Orientation, and Innovation Capability to New Product Development, as well as knowing the role mediation of the Innovation Capability variable on weaving products. New products have a very important role in maintaining business sustainability. New customer-centered product development is a product development that focuses on finding solutions to solve customer problems and provide a more satisfying experience for customers. To stay competitive and survive in the market, companies need to improve innovation capability. The population of this study is all owners of weaving products enterprises, which the exact number is certainly known, with the number of samples is 112 respondents. This research uses structural equation modeling (SEM analysis) with the smartPLS application. The results showed that Customer Orientation and Competitor Orientation have a significant positive effect on Innovation Capability, then Competitor Orientation and Innovation Capabilityhas a significant positive effect on New Product Development, while Customer Orientation does not significantly affect New Product Development. For the mediating influence of Innovation Capability, there is a fully mediating role in the significant influence of Customer Orientation on New Product Development. Meanwhile, on the influence of Competitor Orientation towards New Product Development, there is a partial effect of mediation found

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