Exploring The Strategic Factors and Moderating Variables of New Product Development: A Meta-analysis

Design orientation has emerged as a critical strategic factor for companies seeking to achieve a competitive advantage and plays a pivotal role in the process of new product development (NPD). However, the understanding of the interaction between product design and other strategic capabilities and how design orientation strategically affects new product development is still limited, and the existing literature and empirical results are fragmented and controversial. To gain a comprehensive understanding of the strategic factors affecting new product development and the contribution of design to strategy, this study conducted a systematic review and meta-analysis of the existing literature. The study extracted effect values from 15 international journals for analysis and found that strategy factors significantly influence NPD success. Moreover, in the exploration of moderating variables, it was found that firm size, firm type, innovation type, and design orientation play a significant moderating role in new product development, and design-oriented involvement provides a significant competitive advantage for firms in NPD. The findings provide new theories on NPD decision-making and design orientation, as well as practical references for managers.