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Assessing the validity of new product development techniques in Spanish firms

Tomás Manuel Bañegil Palacios (Tomás Manuel Bañegil Palacios is Professor of Marketing and Chairman of the Business Management Research Group)
Francisco Javier Miranda González (Francisco Javier Miranda González is Assistant Professor of Production Management and a member of the Business Management Research Group, both at the University of Extremadura, Badajoz, Spain.)

European Journal of Innovation Management

ISSN: 1460-1060

Article publication date: 1 June 2002

867

Abstract

Recent articles in the business press and academic literature affirm that one of the primary means for achieving competitive advantage through product development is by accelerating the development process. A wide range of advanced technologies and techniques have become available to accelerate the design, engineering and manufacture of new products. However, much attention has been focused on new product development techniques but little empirical research has been conducted to validate these techniques. In this exploratory study, we try to identify those techniques that are more useful to accelerating the product development process. Our findings, based on data from 54 Spanish firms, suggest that some available techniques are not effective in achieving this goal of reducing the time to market. Implications for researchers and managers are discussed.

Keywords

Citation

Manuel Bañegil Palacios, T. and Miranda González, F.J. (2002), "Assessing the validity of new product development techniques in Spanish firms", European Journal of Innovation Management, Vol. 5 No. 2, pp. 98-106. https://doi.org/10.1108/14601060210428195

Publisher

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MCB UP Ltd

Copyright © 2002, MCB UP Limited

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