The Marketplace Variables in Successful and Unsuccessful NPD Projects in Technology Intensive Companies

We present an exploratory investigation of how managers conceptualize and perceive ‘marketplace’ variables in successful and unsuccessful New Product Development (NPD) projects, and explore the role that marketplace variables play in differentiating between successful and unsuccessful NPD outcomes....

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Main Author: Matti J. Haverila
Format: Article
Language:English
Published: Universidad Alberto Hurtado 2010-12-01
Series:Journal of Technology Management & Innovation
Subjects:
Online Access:https://www.jotmi.org/index.php/GT/article/view/537
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author Matti J. Haverila
author_facet Matti J. Haverila
author_sort Matti J. Haverila
collection DOAJ
description We present an exploratory investigation of how managers conceptualize and perceive ‘marketplace’ variables in successful and unsuccessful New Product Development (NPD) projects, and explore the role that marketplace variables play in differentiating between successful and unsuccessful NPD outcomes. Limitations and future research directions are also discussed. Our findings indicate that managers perceive the marketplace in multiple ways during the NPD process and also that differences exist in metric equivalence across successful and unsuccessful NPD projects. Also, although half of the marketplace variables are positively related to NPD success, managers in Finnish technology companies appear to attach higher relative importance to market attractiveness rather than market competitiveness variables. Marketplace variables appear to be less important than in the Korean and Chinese samples, and much more important than  in the Canadian sample in the Mishra et all study (1996), and similarly much more important than in the Cooper study (1979b).
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spelling doaj.art-73f534330dde4f11a97e6bc9c27d575c2023-04-11T20:02:29ZengUniversidad Alberto HurtadoJournal of Technology Management & Innovation0718-27242010-12-015410.4067/S0718-27242010000400010579The Marketplace Variables in Successful and Unsuccessful NPD Projects in Technology Intensive CompaniesMatti J. Haverila0American University of Sharjah, Sharjah, United Arab Emirates, 26666We present an exploratory investigation of how managers conceptualize and perceive ‘marketplace’ variables in successful and unsuccessful New Product Development (NPD) projects, and explore the role that marketplace variables play in differentiating between successful and unsuccessful NPD outcomes. Limitations and future research directions are also discussed. Our findings indicate that managers perceive the marketplace in multiple ways during the NPD process and also that differences exist in metric equivalence across successful and unsuccessful NPD projects. Also, although half of the marketplace variables are positively related to NPD success, managers in Finnish technology companies appear to attach higher relative importance to market attractiveness rather than market competitiveness variables. Marketplace variables appear to be less important than in the Korean and Chinese samples, and much more important than  in the Canadian sample in the Mishra et all study (1996), and similarly much more important than in the Cooper study (1979b). https://www.jotmi.org/index.php/GT/article/view/537New product development (NPD)technology productsmanagerial conceptualizationmarketplace variables.
spellingShingle Matti J. Haverila
The Marketplace Variables in Successful and Unsuccessful NPD Projects in Technology Intensive Companies
Journal of Technology Management & Innovation
New product development (NPD)
technology products
managerial conceptualization
marketplace variables.
title The Marketplace Variables in Successful and Unsuccessful NPD Projects in Technology Intensive Companies
title_full The Marketplace Variables in Successful and Unsuccessful NPD Projects in Technology Intensive Companies
title_fullStr The Marketplace Variables in Successful and Unsuccessful NPD Projects in Technology Intensive Companies
title_full_unstemmed The Marketplace Variables in Successful and Unsuccessful NPD Projects in Technology Intensive Companies
title_short The Marketplace Variables in Successful and Unsuccessful NPD Projects in Technology Intensive Companies
title_sort marketplace variables in successful and unsuccessful npd projects in technology intensive companies
topic New product development (NPD)
technology products
managerial conceptualization
marketplace variables.
url https://www.jotmi.org/index.php/GT/article/view/537
work_keys_str_mv AT mattijhaverila themarketplacevariablesinsuccessfulandunsuccessfulnpdprojectsintechnologyintensivecompanies
AT mattijhaverila marketplacevariablesinsuccessfulandunsuccessfulnpdprojectsintechnologyintensivecompanies