Get 20M+ Full-Text Papers For Less Than $1.50/day. Start a 14-Day Trial for You or Your Team.

Learn More →

Consumer-oriented new product development: a review of recent developments

Consumer-oriented new product development: a review of recent developments Firms need to continuously develop new products or redesign their existing ones, due to the intense competition they are facing, as well as the rapidly changing economical and sociopolitical environment. In this context, consumer behaviour modelling has become an important and inextricable part of successful new product development during the last decades. This paper constitutes a survey of the literature in consumer-oriented new product development. We review a total of 60 research propositions in consumer behaviour modelling as a part of the product development procedure. The findings indicate a trend for integrative methodologies that approach the new product development process from both a marketing and an engineering perspective. The incorporation of dynamic consumer behaviour models into the product development methodologies seems to be the most promising area for future research. http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png International Journal of Information and Decision Sciences Inderscience Publishers

Loading next page...
 
/lp/inderscience-publishers/consumer-oriented-new-product-development-a-review-of-recent-HYRyvjRVH6

References

References for this paper are not available at this time. We will be adding them shortly, thank you for your patience.

Publisher
Inderscience Publishers
Copyright
Copyright © Inderscience Enterprises Ltd. All rights reserved
ISSN
1756-7017
eISSN
1756-7025
DOI
10.1504/IJIDS.2013.058286
Publisher site
See Article on Publisher Site

Abstract

Firms need to continuously develop new products or redesign their existing ones, due to the intense competition they are facing, as well as the rapidly changing economical and sociopolitical environment. In this context, consumer behaviour modelling has become an important and inextricable part of successful new product development during the last decades. This paper constitutes a survey of the literature in consumer-oriented new product development. We review a total of 60 research propositions in consumer behaviour modelling as a part of the product development procedure. The findings indicate a trend for integrative methodologies that approach the new product development process from both a marketing and an engineering perspective. The incorporation of dynamic consumer behaviour models into the product development methodologies seems to be the most promising area for future research.

Journal

International Journal of Information and Decision SciencesInderscience Publishers

Published: Jan 1, 2013

There are no references for this article.