Using iterative process to increase successful rates of new product development based on cutting-edge technologies and cultural heritages : the case of TCM dietary

Thesis: S.M. in Management of Technology, Massachusetts Institute of Technology, Sloan School of Management, 2018.

Bibliographic Details
Main Author: Chung, Jili
Other Authors: Duncan Simester.
Format: Thesis
Language:eng
Published: Massachusetts Institute of Technology 2018
Subjects:
Online Access:http://hdl.handle.net/1721.1/117941
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author Chung, Jili
author2 Duncan Simester.
author_facet Duncan Simester.
Chung, Jili
author_sort Chung, Jili
collection MIT
description Thesis: S.M. in Management of Technology, Massachusetts Institute of Technology, Sloan School of Management, 2018.
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spelling mit-1721.1/1179412019-04-12T07:40:17Z Using iterative process to increase successful rates of new product development based on cutting-edge technologies and cultural heritages : the case of TCM dietary Chung, Jili Duncan Simester. Technology and Policy Program. Sloan School of Management. Technology and Policy Program. Sloan School of Management. Technology and Policy Program. Thesis: S.M. in Management of Technology, Massachusetts Institute of Technology, Sloan School of Management, 2018. Cataloged from PDF version of thesis. Includes bibliographical references. As the global economy continues to fuse technologies and cultures cross borders, consumers are increasingly interested in products that apply emerging technologies to cultural heritages. For example, applying the technologies of Al, Big Data, or VR/AR to traditional Chinese culture, such as Traditional Chinese Medicine (TCM), cuisine, or fine arts, generates abundant innovative ideas with great business potential. This thesis uses TCM food therapy as an example to explore how a marketing strategic framework helps to screen, refine and commercialize these new culture-technology-fused ideas. While cutting-edge technologies are exposing TCM to an increasing population, mass adoption of TCM food therapy faces several uncertainties. An analysis of value creation, capture and delivery will provide insights to the process of solving these uncertainties. by Jili Chung. S.M. in Management of Technology 2018-09-17T15:50:53Z 2018-09-17T15:50:53Z 2018 2018 Thesis http://hdl.handle.net/1721.1/117941 1051237020 eng MIT theses are protected by copyright. They may be viewed, downloaded, or printed from this source but further reproduction or distribution in any format is prohibited without written permission. http://dspace.mit.edu/handle/1721.1/7582 53 pages application/pdf Massachusetts Institute of Technology
spellingShingle Sloan School of Management.
Technology and Policy Program.
Chung, Jili
Using iterative process to increase successful rates of new product development based on cutting-edge technologies and cultural heritages : the case of TCM dietary
title Using iterative process to increase successful rates of new product development based on cutting-edge technologies and cultural heritages : the case of TCM dietary
title_full Using iterative process to increase successful rates of new product development based on cutting-edge technologies and cultural heritages : the case of TCM dietary
title_fullStr Using iterative process to increase successful rates of new product development based on cutting-edge technologies and cultural heritages : the case of TCM dietary
title_full_unstemmed Using iterative process to increase successful rates of new product development based on cutting-edge technologies and cultural heritages : the case of TCM dietary
title_short Using iterative process to increase successful rates of new product development based on cutting-edge technologies and cultural heritages : the case of TCM dietary
title_sort using iterative process to increase successful rates of new product development based on cutting edge technologies and cultural heritages the case of tcm dietary
topic Sloan School of Management.
Technology and Policy Program.
url http://hdl.handle.net/1721.1/117941
work_keys_str_mv AT chungjili usingiterativeprocesstoincreasesuccessfulratesofnewproductdevelopmentbasedoncuttingedgetechnologiesandculturalheritagesthecaseoftcmdietary