Formulation of A New Product Development Process Innovation Framework for Malaysian SMEs

Effective managing process innovation of the new product development is important. The importance of the process innovation lies in the fact that effective implementing process innovation for new product development activities can contribute directly to the success of a new product. Besides able to...

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Main Authors: Abu, Noor Hidayah, Mansor, Mohd Fitri
Format: Article
Language:English
Published: American Scientific Publishers 2017
Subjects:
Online Access:https://repo.uum.edu.my/id/eprint/31672/1/ASL%2023%209%208473-8478%202017.pdf
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author Abu, Noor Hidayah
Mansor, Mohd Fitri
author_facet Abu, Noor Hidayah
Mansor, Mohd Fitri
author_sort Abu, Noor Hidayah
collection UUM
description Effective managing process innovation of the new product development is important. The importance of the process innovation lies in the fact that effective implementing process innovation for new product development activities can contribute directly to the success of a new product. Besides able to improve organization performance. Several literature found the success rate of the new product continue failing at an alarming rate. An example most recent studies show new product success rate decline to 60% for UK, 59% for US, 60% for Japan and 49% for Spain. In view of that, competence in implementing process innovation for product development in organization is critical. Unfortunately, research and framework-development in this area has been limited. In any organization a systematic framework is crucial to facilitate understanding and guiding the process innovation for product development implementation especially for SMEs. This study will investigate the characteristics of the process innovation frameworks proposed by past studies to provide an understanding on the similarities and differences between all the frameworks. It is author hoped the result of the investigations can guide the author towards further development of a new framework for process innovation implemenation, which is well adapted to the needs and fulfill the requirement of SMEs
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spelling uum-316722024-12-19T10:17:50Z https://repo.uum.edu.my/id/eprint/31672/ Formulation of A New Product Development Process Innovation Framework for Malaysian SMEs Abu, Noor Hidayah Mansor, Mohd Fitri HD28 Management. Industrial Management Effective managing process innovation of the new product development is important. The importance of the process innovation lies in the fact that effective implementing process innovation for new product development activities can contribute directly to the success of a new product. Besides able to improve organization performance. Several literature found the success rate of the new product continue failing at an alarming rate. An example most recent studies show new product success rate decline to 60% for UK, 59% for US, 60% for Japan and 49% for Spain. In view of that, competence in implementing process innovation for product development in organization is critical. Unfortunately, research and framework-development in this area has been limited. In any organization a systematic framework is crucial to facilitate understanding and guiding the process innovation for product development implementation especially for SMEs. This study will investigate the characteristics of the process innovation frameworks proposed by past studies to provide an understanding on the similarities and differences between all the frameworks. It is author hoped the result of the investigations can guide the author towards further development of a new framework for process innovation implemenation, which is well adapted to the needs and fulfill the requirement of SMEs American Scientific Publishers 2017 Article PeerReviewed application/pdf en https://repo.uum.edu.my/id/eprint/31672/1/ASL%2023%209%208473-8478%202017.pdf Abu, Noor Hidayah and Mansor, Mohd Fitri (2017) Formulation of A New Product Development Process Innovation Framework for Malaysian SMEs. Journal of Computational and Theoretical Nanoscience, 23 (9). pp. 8473-8478. ISSN 1546-1955 https://www.researchgate.net/publication/320764044
spellingShingle HD28 Management. Industrial Management
Abu, Noor Hidayah
Mansor, Mohd Fitri
Formulation of A New Product Development Process Innovation Framework for Malaysian SMEs
title Formulation of A New Product Development Process Innovation Framework for Malaysian SMEs
title_full Formulation of A New Product Development Process Innovation Framework for Malaysian SMEs
title_fullStr Formulation of A New Product Development Process Innovation Framework for Malaysian SMEs
title_full_unstemmed Formulation of A New Product Development Process Innovation Framework for Malaysian SMEs
title_short Formulation of A New Product Development Process Innovation Framework for Malaysian SMEs
title_sort formulation of a new product development process innovation framework for malaysian smes
topic HD28 Management. Industrial Management
url https://repo.uum.edu.my/id/eprint/31672/1/ASL%2023%209%208473-8478%202017.pdf
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