Development of a Best Practices Framework for New Product Development in Small to Medium Enterprises

John Nicholas, Ann Ledwith

Research output: Chapter in Book/Report/Conference proceedingConference contributionAcademic

105 Downloads (Pure)

Abstract

The successful development of new products and services is crucial to the long-term survival of business enterprises. With increased competition to the market place and shortening product life cycles pressure has been imposed on all enterprises to innovate more efficiently. This paper presents the development of an initial best practice framework for new product development (NPD) within Small to Medium Enterprises (SME’s). The initial framework was developed based on Kahn’s model (Kahn, Barczak et al. 2004; Kahn, Barczak et al. 2006) and an extensive review of currently recognised NPD Best Practises. The model was refined using the Delphi method with a panel of experts including academic personnel within the University of Limerick and various other professionals. In addition to refinement of the model the question of whether or not large and small companies can be examined using the same framework was posed to the panel of experts.
Original languageEnglish
Title of host publicationProceedings of the 14th Annual High Technology Small Firms Conference and Doctoral Workshop 2006
EditorsGloria Rossini
Place of PublicationEnschede
PublisherUniversity of Twente
Number of pages14
ISBN (Print)9789081078412
DOIs
Publication statusPublished - 2006
Externally publishedYes
Event14th Annual High Technology Small Firms Conference, HTSF 2006 - University of Twente, Enschede, Netherlands
Duration: 11 May 200613 May 2006
Conference number: 14

Conference

Conference14th Annual High Technology Small Firms Conference, HTSF 2006
Abbreviated titleHTSF
Country/TerritoryNetherlands
CityEnschede
Period11/05/0613/05/06

Fingerprint

Dive into the research topics of 'Development of a Best Practices Framework for New Product Development in Small to Medium Enterprises'. Together they form a unique fingerprint.

Cite this