Identification of Product Development Goals to Increase Organizational Resilience

The corporate function of product development is of particular importance, as innovative products offer a promising opportunity to create competitive advantages and thus secure the company's existence or even enable a company to increase its market share. However, current literature lacks an overall view of possible product development goals. Hence, this paper aims to provide a hierarchical overview of product development goals based on an extensive literature review. With the help of the results of this work, manufacturing companies are able to conduct an uncomplicated examination of product development goals and prioritize them according to their planned short-term as well as long-term future.

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Publication Details

Published
2024-08-04
DOI
https://doi.org/10.23919/picmet64035.2024.10653218
Primary Topic
Supply Chain Resilience and Risk Management
Type
article
Field-Weighted Citation Impact
0.00

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article

Identification of Product Development Goals to Increase Organizational Resilience

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Supply Chain Resilience and Risk Management
article

Identification of Product Development Goals to Increase Organizational Resilience

Michael Riesener, Jonas Tittel, Pawan Singh, Günther Schuh, Carsten Boβmann, Alexander Keuper
article en

Abstract

The corporate function of product development is of particular importance, as innovative products offer a promising opportunity to create competitive advantages and thus secure the company's existence or even enable a company to increase its market share. However, current literature lacks an overall view of possible product development goals. Hence, this paper aims to provide a hierarchical overview of product development goals based on an extensive literature review. With the help of the results of this work, manufacturing companies are able to conduct an uncomplicated examination of product development goals and prioritize them according to their planned short-term as well as long-term future.

RWTH Aachen University (DE)
Deutsche Forschungsgemeinschaft
Openalex Percentile: Top 75%
Supply Chain Resilience and Risk Management
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