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Co-development alliances are formed to create new capabilities (technologies, products, services, processes, etc.) that partner organizations need in order to reach their goals. They involve the combination of competencies, and other intangible assets. These alliances typically face a high level...
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We introduce a model of product development in a firm. Our model describes the process as a multi-stage contest (i.e., race) with an endogenous length (with one stage or two stages) between two workers. We model the payments to workers from the new product using the normatively appealing Nash...
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The success of NPD projects of high-cost, engineering-intensive, and customized development products is largely … NPD organisation) and inter-organisational actors (across organisational borders, among actors for example from a … department within the NPD organisation and a supplier) (Clark and Fujimoto, 1991). Consequently, the PM ensures that varied …
Persistent link: https://www.econbiz.de/10009765525
A firm that lacks the specialized complementary assets necessary to commercialize an innovation faces a trade …
Persistent link: https://www.econbiz.de/10009419534
Our objective is to understand how a firm’s product development capability (PDC) affects the launch strategy for a durable product that is sequentially improved over time in a market where consumers have heterogeneous valuations for quality. We show that the launch strategy of firms is...
Persistent link: https://www.econbiz.de/10009742053
Firms' search for external knowledge is one aspect of knowledge integration in the innovation process. The literature … has investigated innovation and the breadth of search in different information channels. We introduce the concept of … search balance reflecting the heterogeneity of a firm's knowledge base. Results from German Community Innovation Survey data …
Persistent link: https://www.econbiz.de/10010458173