New product development through open innovation: role of organization structure and contextual factors

Open innovation remains a topic of great importance in new product development research and practice. Firms following open innovation recognize the value of external inputs to the process of new product development and seek to utilize these inputs internally. Therefore, it is imperative to investiga...

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Main Authors: Wan Ismail, Wan Khairuzzaman, Monsef, S.
Format: Book Section
Published: IEEE 2012
Subjects:
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author Wan Ismail, Wan Khairuzzaman
Monsef, S.
author_facet Wan Ismail, Wan Khairuzzaman
Monsef, S.
author_sort Wan Ismail, Wan Khairuzzaman
collection ePrints
description Open innovation remains a topic of great importance in new product development research and practice. Firms following open innovation recognize the value of external inputs to the process of new product development and seek to utilize these inputs internally. Therefore, it is imperative to investigate the success of new product as open innovation may influence the success in different ways. This study focuses on the four distinct elements in the process of developing a new product: Planning, Development, Marketing and Commercialization. In addition, this paper points to another two areas that have not been covered by previous researchers: organizational structure and contextual factors. It is suggested that these factors have moderating effect on the relationship between open innovation and NPD process. Subsequently, a conceptual framework is proposed.
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spelling utm.eprints-357322017-02-04T06:19:24Z http://eprints.utm.my/35732/ New product development through open innovation: role of organization structure and contextual factors Wan Ismail, Wan Khairuzzaman Monsef, S. HD28 Management. Industrial Management Open innovation remains a topic of great importance in new product development research and practice. Firms following open innovation recognize the value of external inputs to the process of new product development and seek to utilize these inputs internally. Therefore, it is imperative to investigate the success of new product as open innovation may influence the success in different ways. This study focuses on the four distinct elements in the process of developing a new product: Planning, Development, Marketing and Commercialization. In addition, this paper points to another two areas that have not been covered by previous researchers: organizational structure and contextual factors. It is suggested that these factors have moderating effect on the relationship between open innovation and NPD process. Subsequently, a conceptual framework is proposed. IEEE 2012 Book Section PeerReviewed Wan Ismail, Wan Khairuzzaman and Monsef, S. (2012) New product development through open innovation: role of organization structure and contextual factors. In: ICIMTR 2012 - 2012 International Conference on Innovation, Management and Technology Research. IEEE, New York, USA, pp. 446-449. ISBN 978-146730655-3 http://dx.doi.org/10.1109/ICIMTR.2012.6236436 DOI:10.1109/ICIMTR.2012.6236436
spellingShingle HD28 Management. Industrial Management
Wan Ismail, Wan Khairuzzaman
Monsef, S.
New product development through open innovation: role of organization structure and contextual factors
title New product development through open innovation: role of organization structure and contextual factors
title_full New product development through open innovation: role of organization structure and contextual factors
title_fullStr New product development through open innovation: role of organization structure and contextual factors
title_full_unstemmed New product development through open innovation: role of organization structure and contextual factors
title_short New product development through open innovation: role of organization structure and contextual factors
title_sort new product development through open innovation role of organization structure and contextual factors
topic HD28 Management. Industrial Management
work_keys_str_mv AT wanismailwankhairuzzaman newproductdevelopmentthroughopeninnovationroleoforganizationstructureandcontextualfactors
AT monsefs newproductdevelopmentthroughopeninnovationroleoforganizationstructureandcontextualfactors