NEW PRODUCT DEVELOPMENT WITHIN SMALL AND MEDIUM-SIZED ENTERPRISES: ANALYSIS THROUGH TECHNOLOGY MANAGEMENT MAPS

Huw Millward (), Chris Byrne, Andrew Walters and Alan Lewis
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Huw Millward: The National Centre for Product Design & Development Research (PDR), University of Wales Institute Cardiff (UWIC), Western Avenue, Cardiff CF5 2YB, UK
Chris Byrne: The National Centre for Product Design & Development Research (PDR), University of Wales Institute Cardiff (UWIC), Western Avenue, Cardiff CF5 2YB, UK
Andrew Walters: The National Centre for Product Design & Development Research (PDR), University of Wales Institute Cardiff (UWIC), Western Avenue, Cardiff CF5 2YB, UK
Alan Lewis: The National Centre for Product Design & Development Research (PDR), University of Wales Institute Cardiff (UWIC), Western Avenue, Cardiff CF5 2YB, UK

International Journal of Innovation and Technology Management (IJITM), 2006, vol. 03, issue 03, 283-302

Abstract: Technology management maps have been developed to evaluate new product development (NPD) within small and medium-sized enterprises (SMEs). These maps provide a graphical 'footprint' of a company in terms of knowledge, resources, quality, and innovation & change. A series of 15 case-study companies highlight that the shape and extent of the technology management maps correlate well with the overall impact of the NPD activities. Implementation of an effective NPD process is the main distinguishing factor between the best- and worst-performing companies. The inherent benefits of design-led technology are also encapsulated, specifically in the areas of resource savings and improved product quality.

Keywords: Technology management map; new product development; small and medium-sized enterprises (search for similar items in EconPapers)
Date: 2006
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Citations: View citations in EconPapers (1)

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DOI: 10.1142/S0219877006000806

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