Making new product development (NPD) faster than competitors by gaining the first-mover advantage is critical for firms. This paper examines two competing hypotheses regarding shortening the NPD time. The information processing theory advises that the decision power in NPD projects should be...

n this paper, we consider the problem of outliers in incomplete multivariate data, when the aim is to estimate a measure of mean and covariance as it is the case for example in factor analysis. In such a situation the ER algorithm of Little and Smith (1987) which combines the EM algorithm for...