scholarly journals Utilizing Innovation and Strategic Research and Development to Catalyze Efficient and Effective New Product Development

Author(s):  
Yair Holtzman
2014 ◽  
Vol 68 (3) ◽  
Author(s):  
Tan Owee Kowang ◽  
Amran Rasli ◽  
Choi Sang Long

New Product Development (NPD) is vital in assisting Research and Development (R&D) based organizations to adapt to the changes in markets and technology for competitive advantage. Ensuring the success of new products and optimization of new product performance is critical and essential for Research and Development based organizations.  Hence, this study is carried out to explore does organizational background in term of company’s ownership (i.e. local or multinational companies) and operational scales (i.e. number of Research and Development staffs) affect NPD performance of Research and Development companies in Malaysia. In line with this, 8 New Product Development performance attributes were identified from literature review. These attributes were subsequently formulated into a survey questionnaire and responded by 186 respondents. Thereafter, the effect of organizational ownership and operational scale toward NPD performance are examined separately via Independent Sample t-test and Analysis of Variance (ANOVA). Finding from the study revealed that the level of NPD performance in multinational R&D companies is higher than local R&D companies. Findings from this research also implied that NPD performance can be further improved by increasing number of R&D staffs.  


Author(s):  
Ram Kumar ◽  
Haya Ajjan ◽  
Yuan Niu

There is significant interest in managing IT resources as a portfolio of assets. The concept of IT portfolio management (ITPM) is relatively new, compared to portfolio management in the context of finance, new product development (NPD), and research and development (R&D). This article compares ITPM with other types of portfolio management, and develops an improved understanding of IT assets and their characteristics. It presents a process-oriented framework for identifying critical ITPM decision stages. The proposed framework can be used by managers as well as researchers.


Author(s):  
Ram Kumar ◽  
Haya Ajjan ◽  
Yuan Niu

There is significant interest in managing IT resources as a portfolio of assets. The concept of IT portfolio management (ITPM) is relatively new, compared to portfolio management in the context of finance, new product development (NPD), and research and development (R&D). This article compares ITPM with other types of portfolio management, and develops an improved understanding of IT assets and their characteristics. It presents a process-oriented framework for identifying critical ITPM decision stages. The proposed framework can be used by managers as well as researchers.


Author(s):  
Ram Kumar ◽  
Haya Ajjan ◽  
Niu ◽  
Niu

There is significant interest in managing IT resources as a portfolio of assets. The concept of IT portfolio management (ITPM) is relatively new, compared to portfolio management in the context of finance, new product development (NPD), and research and development (R&D). This article compares ITPM with other types of portfolio management, and develops an improved understanding of IT assets and their characteristics. It presents a process-oriented framework for identifying critical ITPM decision stages. The proposed framework can be used by managers as well as researchers.


Author(s):  
Bruce Buskirk ◽  
Ken Reynolds ◽  
Stacy M.P. Schmidt ◽  
David L. Ralph

New Product Development as well as Research and Development projects tend to be inherently risky investments.  Most MNC’s today have great latitude in choosing site and country locations to build or contract Research or Development projects.  MNC R&D risks, corporate wide, can be moderated via a diversification of NPD/R&D projects across multiple cultures and countries.  In fact there is some evidence that R&D global diversification can generate synergies.  (Fast track projects that work around the clock via work being done in three locations each 8 hours off from the other.) Foreign R&D facilities can help serve as outposts to facilitate the entrance into strategic foreign markets. This paper attempts to develop decision methodologies for allocating NPD/R&D globally with the goal of both reducing risks and increasing global competitiveness.


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