We analyze the effect of external financing and associated bankruptcy threat on the speed of product innovation in a market characterized by technological and demand uncertainty. In a dynamic market setting we characterize the optimal R&D investment strategy of a monopolistic incumbent firm that...

This study examines whether staged project management is beneficial or harmful for making product innovations. Using a unique firm survey for Japan, we find that firms that employed staged project management had a higher likelihood of introducing new products to the market. Additional...

The purpose of this study is to investigate the connections between supply chain quality management (SCQM), organizational learning capacity (OLC), and product innovation performance (PIP) in Pakistan's small and medium-sized manufacturing businesses (SMMEs). Self-administered structured...

Empirical evidence shows that both offshoring and backshoring decisions positively impact firm innovation. Other studies also indicate that both offshoring and backshoring decisions can inhibit firm innovation outcomes. These are paradoxical statements; they describe an offshoring-backshoring...

Companies need practical customer integration processes to enable them to exploit their customers’ valuable knowledge as a key resource during product and service development. However, existing customer integration processes do not capture complex production environments with heterogeneous...

Online innovation communities allow for a search for novel solutions within a design space bounded by constraints. Past research has focused on the effect of creative constraints on individual projects, but less is known about how constraints affect learning from repeated design submissions and...

Product development includes not only the creation and launch of new products but also modification or updates to existing products. Successful product development is essential for launching a company and for ensuring that the company continues to survive and prosper as competitive conditions...

In this paper, we formulate a differential game model to investigate firms’ competition in both price and product R&D. The significant features of our research include: (i) incorporating the factor of network effects into the framework of continuous dynamic competition; (ii) considering the...

New and shifting legal, market and financial dynamics have increased the pressure on firms in manufacturing industries to implement processes for developing and marketing sustainable products. The environmental and social impacts of products and services depend on how they interact with the...