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New Product Development Within Small And Medium-Sized Enterprises: Analysis Through Technology Management Maps

Author

Listed:
  • 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)

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.

Suggested Citation

  • Huw Millward & Chris Byrne & Andrew Walters & Alan Lewis, 2006. "New Product Development Within Small And Medium-Sized Enterprises: Analysis Through Technology Management Maps," International Journal of Innovation and Technology Management (IJITM), World Scientific Publishing Co. Pte. Ltd., vol. 3(03), pages 283-302.
    • Handle: RePEc:wsi:ijitmx:v:03:y:2006:i:03:n:s0219877006000806
    DOI: 10.1142/S0219877006000806
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    Cited by:

    1. Kasper Edwards & Robert G. Cooper & Tomas Vedsmand & Giulia Nardelli, 2019. "Evaluating the Agile-Stage-Gate Hybrid Model: Experiences From Three SME Manufacturing Firms," International Journal of Innovation and Technology Management (IJITM), World Scientific Publishing Co. Pte. Ltd., vol. 16(08), pages 1-32, December.

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