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Next generation product development: Doubling R&D effectiveness

Strategic Direction

ISSN: 0258-0543

Article publication date: 1 September 2004

Abstract

Product development management has evolved through major generations, and each successive generation has enabled far greater performance than the previous one. In the 1990s, aggressive competitors used time‐based product strategies to alter the competitive balance in their industries by applying the new product development practices of the time‐to‐market (TTM) generation. As a result, the introduction of new products accelerated by the end of the 1990s, eventually forced all companies to adopt these practices to remain competitive.

Keywords

Citation

(2004), "Next generation product development: Doubling R&D effectiveness", Strategic Direction, Vol. 20 No. 9, pp. 31-33. https://doi.org/10.1108/02580540410556465

Publisher

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Emerald Group Publishing Limited

Copyright © 2004, Emerald Group Publishing Limited