Central Characteristics and Critical Success Factors of Design Thinking for Product Development in Industrial SMEs—A Bibliometric Analysis

Jazmin Estefania Olivares Ugarte and Lars Bengtsson ()
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Jazmin Estefania Olivares Ugarte: CIRCLE-Centre for Innovation Research, Lund University, P.O. Box 118, 221 00 Lund, Sweden
Lars Bengtsson: Division of Innovation, Department of Design Sciences, Faculty of Engineering LTH, Lund University, P.O. Box 118, 221 00 Lund, Sweden

Businesses, 2024, vol. 4, issue 4, 1-22

Abstract: Design thinking is an innovative methodology that may be applied by small and medium enterprises which emphasizes a human-centered approach to problem-solving, facilitating the creation of novel solutions for complex and open-ended challenges like the development of new products. Despite its recognized importance in business and academia, many industrial SMEs struggle with applying design thinking in their product development processes. This research aims to identify the central characteristics of design thinking and its critical success factors to enable effective application by industrial SMEs. Based on a systematic search in the Scopus database (last searched 14 May 2024) for the relevant literature, which resulted in a selection of 30 published papers, with titles and/or abstract fields containing words of design thinking and small- and medium-sized enterprises in industrial sectors, and a bibliometric analysis of co-word occurrence using VOS Viewer (1.6.20 version), we construct a framework that identifies central characteristics, design thinking principles, criteria, phases, and tools, as well as four dimensions of critical success factors: strategy, culture, competences, and implementation. This finding is new as it applies to industrial SMEs, as compared to extant research’s more general orientation. The framework is presented in visual form to facilitate use in developmental workshops with SMEs and supporting actors. This paper ends with notes on limitations and proposals for further research.

Keywords: design thinking; innovation; product development; small and medium-sized enterprises; critical success factors; visual framework (search for similar items in EconPapers)
JEL-codes: A1 D0 D4 D6 D7 D8 D9 E0 E2 E3 E4 E5 E6 E7 F0 F2 F3 F4 F5 F6 G0 G1 G2 H0 J0 K2 L0 L1 L2 M0 M1 M2 M3 M4 M5 N0 N1 N2 O0 O1 P0 (search for similar items in EconPapers)
Date: 2024
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Persistent link: https://EconPapers.repec.org/RePEc:gam:jbusin:v:4:y:2024:i:4:p:46-864:d:1535325

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