Identify and Analysis of Factors Affecting the Success of New Product Development by Using System Dynamics Approach

The companies for their growth and survival in competitive domains must develop new products; however, innovation required for this process is a risky and costly enterprise. Most of the scholars have considered the factors leading to success as static and they have not taken into account their dynam...

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Main Authors: Tayebeh Abbasnejad, Reza Shafizadeh, Mohammad Ghafournia
Format: Article
Language:fas
Published: Allameh Tabataba'i University Press 2019-03-01
Series:Muṭāli̒āt-i Mudīriyyat-i Ṣan̒atī
Subjects:
Online Access:https://jims.atu.ac.ir/article_9606_89c5a931730d6e4532a2a6d4bc5ae8fa.pdf
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author Tayebeh Abbasnejad
Reza Shafizadeh
Mohammad Ghafournia
author_facet Tayebeh Abbasnejad
Reza Shafizadeh
Mohammad Ghafournia
author_sort Tayebeh Abbasnejad
collection DOAJ
description The companies for their growth and survival in competitive domains must develop new products; however, innovation required for this process is a risky and costly enterprise. Most of the scholars have considered the factors leading to success as static and they have not taken into account their dynamic nature. Since the relationships among the influential factors which can lead to the success of developing new products have various dynamics and feedbacks, tools for the identification of dynamics in such systems are among the most useful tools which can be used for investigative purposes in this domain. In the present study, which aimed at identifying and analyzing the dynamics of factors affecting the success of new product development, the key variables for the development of new products were identified based on the theoretical backgrounds and the ideas of experts in the industry and then the causal relationships among them were drawn. Subsequently, the mathematical relationships among these variables were determined based on the existing relationships among them in the literature and as a practical step the intended system was simulated in Nooshin Azar Food Company in the time span of 1384 to 1404. For improving the performance of the companies, policies like increased management support, more investment in research and development and improvement of product development planning were suggested and the results which can be derived by applying these scenarios were simulated as well.
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spelling doaj.art-25bd036823a846e0a015d5bc256716e22024-01-03T04:45:17ZfasAllameh Tabataba'i University PressMuṭāli̒āt-i Mudīriyyat-i Ṣan̒atī2251-80292476-602X2019-03-011752395710.22054/jims.2017.19985.16989606Identify and Analysis of Factors Affecting the Success of New Product Development by Using System Dynamics ApproachTayebeh Abbasnejad0Reza Shafizadeh1Mohammad Ghafournia2Industrial Management, faculty of management and accounting, University of Hormozgan, IranFaculty of management and accounting, University of Hormozgan, IranIndustrial Management, faculty of management and accounting, University of Hormozgan, IranThe companies for their growth and survival in competitive domains must develop new products; however, innovation required for this process is a risky and costly enterprise. Most of the scholars have considered the factors leading to success as static and they have not taken into account their dynamic nature. Since the relationships among the influential factors which can lead to the success of developing new products have various dynamics and feedbacks, tools for the identification of dynamics in such systems are among the most useful tools which can be used for investigative purposes in this domain. In the present study, which aimed at identifying and analyzing the dynamics of factors affecting the success of new product development, the key variables for the development of new products were identified based on the theoretical backgrounds and the ideas of experts in the industry and then the causal relationships among them were drawn. Subsequently, the mathematical relationships among these variables were determined based on the existing relationships among them in the literature and as a practical step the intended system was simulated in Nooshin Azar Food Company in the time span of 1384 to 1404. For improving the performance of the companies, policies like increased management support, more investment in research and development and improvement of product development planning were suggested and the results which can be derived by applying these scenarios were simulated as well.https://jims.atu.ac.ir/article_9606_89c5a931730d6e4532a2a6d4bc5ae8fa.pdfsystem dynamicssuccess factorsnew product development
spellingShingle Tayebeh Abbasnejad
Reza Shafizadeh
Mohammad Ghafournia
Identify and Analysis of Factors Affecting the Success of New Product Development by Using System Dynamics Approach
Muṭāli̒āt-i Mudīriyyat-i Ṣan̒atī
system dynamics
success factors
new product development
title Identify and Analysis of Factors Affecting the Success of New Product Development by Using System Dynamics Approach
title_full Identify and Analysis of Factors Affecting the Success of New Product Development by Using System Dynamics Approach
title_fullStr Identify and Analysis of Factors Affecting the Success of New Product Development by Using System Dynamics Approach
title_full_unstemmed Identify and Analysis of Factors Affecting the Success of New Product Development by Using System Dynamics Approach
title_short Identify and Analysis of Factors Affecting the Success of New Product Development by Using System Dynamics Approach
title_sort identify and analysis of factors affecting the success of new product development by using system dynamics approach
topic system dynamics
success factors
new product development
url https://jims.atu.ac.ir/article_9606_89c5a931730d6e4532a2a6d4bc5ae8fa.pdf
work_keys_str_mv AT tayebehabbasnejad identifyandanalysisoffactorsaffectingthesuccessofnewproductdevelopmentbyusingsystemdynamicsapproach
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AT mohammadghafournia identifyandanalysisoffactorsaffectingthesuccessofnewproductdevelopmentbyusingsystemdynamicsapproach