EconPapers    
Economics at your fingertips  
 

FROM LEAN PRODUCT DEVELOPMENT TO LEAN INNOVATION: SEARCHING FOR A MORE VALID APPROACH FOR PROMOTING UTILITARIAN AND EMOTIONAL VALUE

Martin Gudem (), Martin Steinert () and Torgeir Welo ()
Additional contact information
Martin Gudem: Norwegian University of Science and Technology, Department of Engineering Design and Materials, Richard Birkelandsvei 2b, NO-7491 Trondheim, Norway
Martin Steinert: Norwegian University of Science and Technology, Department of Engineering Design and Materials, Richard Birkelandsvei 2b, NO-7491 Trondheim, Norway
Torgeir Welo: Norwegian University of Science and Technology, Department of Engineering Design and Materials, Richard Birkelandsvei 2b, NO-7491 Trondheim, Norway

International Journal of Innovation and Technology Management (IJITM), 2014, vol. 11, issue 02, 1-20

Abstract: This paper considers the role of lean product development (LPD) as part of a company's overall innovation strategy. Our discussion contends that the value-concept in LPD is too strongly tied to product features, and that this may lead to: (i) overemphasis on utilitarian value, (ii) preference for reliability over validity, and (iii) a defensive approach to market-trends. These factors can compromise the philosophy's ability to maximize customer value, and represent a challenge in making LPD fit beyond incremental innovation in the technological domain. Lean innovation (LI) is therefore introduced as an extension of LPD, building on a value concept that embraces emotional as well as utilitarian characteristics. It is suggested that lean principles should not be limited to product development, but should concern all aspects of a company's innovation efforts relevant to offering a pleasurable customer experience.

Keywords: Lean product development; innovation; design management; engineering design; customer value (search for similar items in EconPapers)
Date: 2014
References: View complete reference list from CitEc
Citations: View citations in EconPapers (3)

Downloads: (external link)
http://www.worldscientific.com/doi/abs/10.1142/S0219877014500084
Access to full text is restricted to subscribers

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:wsi:ijitmx:v:11:y:2014:i:02:n:s0219877014500084

Ordering information: This journal article can be ordered from

DOI: 10.1142/S0219877014500084

Access Statistics for this article

International Journal of Innovation and Technology Management (IJITM) is currently edited by H K Tang

More articles in International Journal of Innovation and Technology Management (IJITM) from World Scientific Publishing Co. Pte. Ltd.
Bibliographic data for series maintained by Tai Tone Lim ().

 
Page updated 2025-03-20
Handle: RePEc:wsi:ijitmx:v:11:y:2014:i:02:n:s0219877014500084