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This article explores how consumers' self-regulation affects the likelihood of purchase of new and really new products. A mall-intercept field study shows that consumers with a chronic disposition to be promotion focused own more new high-technology goods and newly launched repeat-purchase items...
Persistent link: https://www.econbiz.de/10013037719
the firm's decisions on the innovation level of the new version, the production quantities and prices of both versions … improve both its profit and its innovation level by adopting an appropriate rollover strategy when selling to strategic … existing literature, we see that strategic waiting behavior can accelerate innovation. These analytical insights remain largely …
Persistent link: https://www.econbiz.de/10012838796
This study aims at measuring the effects of market demand and seasonality on new product introduction. Major factors contributing the variability of market demand and seasonality of new products have been discussed in reference to timing of introducing new products, variability of consumer...
Persistent link: https://www.econbiz.de/10012730825
Innovation Manager in Quality, this paper manages to outline a consumer preference based model in developing new food products …
Persistent link: https://www.econbiz.de/10011840842
Integrating the customer in the innovation process is believed to be a powerful means to reduce failure rates and to … innovation process has to be weighed against the costs. Virtual customer integration has been discussed as a way to limit these … sourcing of ideas. Especially the integration of the customer in the execution phase of the innovation process remains largely …
Persistent link: https://www.econbiz.de/10014199231
incremental versus radical innovation. We develop a theory rooted in classical behavioral economics of reference-building, and … different degrees of innovation in successive musical album releases, by using a multi-attribute musical description of songs … utilized to adopt appropriate innovation rates to tailor-make products that cater to the preference structures of target …
Persistent link: https://www.econbiz.de/10014087887
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Working within the framework of a finite population, dynamic inventory optimization model where future demand is endogenous to inventory policy, this paper considers the effect of customer referrals and forced exit from the market caused by the loss of market share due to customer defections....
Persistent link: https://www.econbiz.de/10013080566