 IntroductionMagdy G. Abdel-Kader and
Erin Yu-Ching Lin
Chapter 1 in Performance Measurement of New Product Development Teams, 2009, pp 1-19 from Palgrave Macmillan Abstract: Abstract The essence of the new product development (NPD) process and the focus of much NPD literature are the project teams (as referred to crossfunctional project teams, multifunctional teams, or NPD project teams). Although project teams have become increasingly popular in practice in high-technology sectors, introducing teamwork and teambased activities into an organisation is a complex process which involves multifunctional, interactive processes that are frequently complicated to control and difficult to appropriately align with incentives. Positivist agency theory, at an economic level, and stewardship theory, from a sociological viewpoint, are utilised in this study to explain the control systems that diminish the agency problem. Also, social identity theory and self-categorisation theory are employed, from psychological and sociological perspectives, to clarify the cognitive, evaluative and emotional processes that motivate individuals to unite cohesive teams and augment their ability to contribute to their teams, which would be required for many team tasks. Keywords: Project Team; Management Accounting; Product Development Team; Informal Control Mechanism; Management Accounting Technique (search for similar items in EconPapers) There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it. Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-0-230-58427-3_1 Ordering information: This item can be ordered from Access Statistics for this chapter More chapters in Palgrave Macmillan Books from Palgrave Macmillan |
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