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New Product Development in Thai Agro-Industry: Explaining the Rates of Innovation and Success in Innovation

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Author Info
Dhamvithee, Pisit
Shankar, Bhavani
Jangchud, Anuvat
Wuttijumnong, Phaisarn

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Abstract

The Thai food industry is amongst the most dynamic and diverse in the world. Continual innovation in the form of new product development is critical to this industry, and yet new products are more likely to fail than succeed. In this paper,we investigate factors explaining both the rate of new product development as well as the rate of success in products newly introduced into the market, using data from a survey of firms. The methodology involves a Poisson regression to investigate the determinants of innovation and a Least Squares regression to explain success rates in innovation.

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File URL: http://purl.umn.edu/8137
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Publisher Info
Article provided by International Food and Agribusiness Management Association (IAMA) in its journal International Food and Agribusiness Management Review.

Volume (Year): 08 (2005)
Issue (Month): 03 ()
Pages:
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Handle: RePEc:ags:ifaamr:8137

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Related research
Keywords: New product development; Thailand; Food industry; Innovation.; Agribusiness;

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  1. Bishop, Paul & Wiseman, Nick, 1999. "External Ownership and Innovation in the United Kingdom," Applied Economics, Taylor and Francis Journals, vol. 31(4), pages 443-50, April. [Downloadable!] (restricted)
  2. Siegel, Donald S. & Westhead, Paul & Wright, Mike, 2003. "Assessing the impact of university science parks on research productivity: exploratory firm-level evidence from the United Kingdom," International Journal of Industrial Organization, Elsevier, vol. 21(9), pages 1357-1369, November. [Downloadable!] (restricted)
  3. Love, James H & Ashcroft, Brian & Dunlop, Stewart, 1996. "Corporate Structure, Ownership and the Likelihood of Innovation," Applied Economics, Taylor and Francis Journals, vol. 28(6), pages 737-46, June. [Downloadable!] (restricted)
  4. R. I. D. Harris, 1988. "Technological Change and Regional Development in the UK: Evidence from the SPRU Database on Innovations," Regional Studies, Taylor and Francis Journals, vol. 22(5), pages 361-374, October. [Downloadable!] (restricted)
  5. Mark Rogers, 2000. "Understanding Innovative Firms: An Empirical Analysis of the GAPS," Melbourne Institute Working Paper Series wp2000n08, Melbourne Institute of Applied Economic and Social Research, The University of Melbourne. [Downloadable!]
  6. Geroski, P A, 1990. "Innovation, Technological Opportunity, and Market Structure," Oxford Economic Papers, Oxford University Press, vol. 42(3), pages 586-602, July. [Downloadable!] (restricted)
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