IDEAS home Printed from https://ideas.repec.org/a/col/000129/020670.html
   My bibliography  Save this article

Assessing the New Product Development Process activities in Peruvian medium-sized manufacturing companies

Author

Listed:
  • Jorge Isaías Martínez-Lobatón
  • Jean Pierre Seclen-Luna

Abstract

The study focuses on the relationship between the New Product Development Process activities and the success of the new products. Research on this topic is still scarce in emerging countries. From a survey of medium-sized manufacturing companies in Peru, an OLogit regression was used on 140 companies in the Lima and Callao regions. The results indicate that most companies carried out these activities, but only three out of eighteen are decisive for the success of the new product, which minimizes some that are considered key by the theory. This means that this process may not have been well structured or managed. The findings are important not only to improve the efficiency of innovation management, but also to support public policies

Suggested Citation

  • Jorge Isaías Martínez-Lobatón & Jean Pierre Seclen-Luna, 2023. "Assessing the New Product Development Process activities in Peruvian medium-sized manufacturing companies," Estudios Gerenciales, Universidad Icesi, vol. 39(166), pages 2-10, March.
  • Handle: RePEc:col:000129:020670
    DOI: 10.18046/j.estger.2023.166.4985
    as

    Download full text from publisher

    File URL: https://doi.org/10.18046/j.estger.2023.166.4985
    Download Restriction: no

    File URL: https://libkey.io/10.18046/j.estger.2023.166.4985?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    References listed on IDEAS

    as
    1. Verworn, Birgit, 2009. "A structural equation model of the impact of the "fuzzy front end" on the success of new product development," Research Policy, Elsevier, vol. 38(10), pages 1571-1581, December.
    2. Marta Urbaníková & Michaela Štubňová & Viera Papcunová & Jarmila Hudáková, 2020. "Analysis of Innovation Activities of Slovak Small and Medium-Sized Family Businesses," Administrative Sciences, MDPI, vol. 10(4), pages 1-19, October.
    3. Dziallas, Marisa, 2020. "How to evaluate innovative ideas and concepts at the front-end?," Journal of Business Research, Elsevier, vol. 110(C), pages 502-518.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Seclen-Luna, Jean Pierre & Alvarez Salazar, Jubalt & Cancino, Christian A. & Schmitt, Valentina, 2024. "The effects of innovations on peruvian companies’ sales: The mediating role of KIBS," Technovation, Elsevier, vol. 129(C).

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Klessova, Svetlana & Engell, Sebastian & Thomas, Catherine, 2022. "Assessment of the advancement of market-upstream innovations and of the performance of research and innovation projects," Technovation, Elsevier, vol. 116(C).
    2. Xue Wang, 2018. "The Effect Of Inbound Open Innovation On Firm Performance In Japanese Manufacturing Firms: Comparative Study Between Research Centre And Business Unit," International Journal of Innovation Management (ijim), World Scientific Publishing Co. Pte. Ltd., vol. 22(07), pages 1-35, October.
    3. Jorge Luis García-Alcaraz & Aidé Aracely Maldonado-Macías & Sandra Ivette Hernández-Hernández & Juan Luis Hernández-Arellano & Julio Blanco-Fernández & Juan Carlos Sáenz Díez-Muro, 2016. "New Product Development and Innovation in the Maquiladora Industry: A Causal Model," Sustainability, MDPI, vol. 8(8), pages 1-18, July.
    4. O'Brien, Kieran, 2020. "Innovation types and the search for new ideas at the fuzzy front end: Where to look and how often?," Journal of Business Research, Elsevier, vol. 107(C), pages 13-24.
    5. Mai, Nhat Chi, 2021. "A Comprehensive Model for Idea Evaluation at Early-Stage Level (Pre-Seed)," OSF Preprints axngj, Center for Open Science.
    6. Sarooghi, Hessamoddin & Libaers, Dirk & Burkemper, Andrew, 2015. "Examining the relationship between creativity and innovation: A meta-analysis of organizational, cultural, and environmental factors," Journal of Business Venturing, Elsevier, vol. 30(5), pages 714-731.
    7. van Rijnsoever, Frank J. & Kempkes, Sander N. & Chappin, Maryse M.H., 2017. "Seduced into collaboration: A resource-based choice experiment to explain make, buy or ally strategies of SMEs," Technological Forecasting and Social Change, Elsevier, vol. 120(C), pages 284-297.
    8. Gama, Fábio & Sjödin, David & Parida, Vinit & Frishammar, Johan & Wincent, Joakim, 2022. "Exploratory and exploitative capability paths for innovation: A contingency framework for harnessing fuzziness in the front end," Technovation, Elsevier, vol. 113(C).
    9. Olga Kokshagina & Pascal Le Masson & Benoit Weil, 2015. "Portfolio management in double unknown situations: technological platformsand the role of cross-application managers," Post-Print hal-01199929, HAL.
    10. Young In Koh & Sung H. Han & Junseong Park, 2022. "A systematic process for generating new blockchain-service business model ideas," Service Business, Springer;Pan-Pacific Business Association, vol. 16(1), pages 187-209, March.
    11. Benedikt Müller-Stewens & Klaus Möller, 2017. "Performance in new product development: a comprehensive framework, current trends, and research directions," Journal of Management Control: Zeitschrift für Planung und Unternehmenssteuerung, Springer, vol. 28(2), pages 157-201, May.
    12. Carsten Schultz & Oliver Gretsch & Alexander Kock, 2021. "The influence of shared R&D-project innovativeness perceptions on university-industry collaboration performance," The Journal of Technology Transfer, Springer, vol. 46(4), pages 1144-1172, August.
    13. Hong, Suckwon & Kim, Juram & Woo, Han-Gyun & Kim, Young-Choon & Lee, Changyong, 2022. "Screening ideas in the early stages of technology development: A word2vec and convolutional neural network approach," Technovation, Elsevier, vol. 112(C).
    14. Spieth, Patrick & Joachim, Verena, 2017. "Reducing front end uncertainties: How organisational characteristics influence the intensity of front end analysis," Technological Forecasting and Social Change, Elsevier, vol. 123(C), pages 108-119.
    15. Jiaxu Huang & Haiqing Hu & Yong Wang, 2022. "Fuzzy Front-End Vertical External Involvement, Corporate Social Responsibility and Firms’ New Product Development Performance in the VUCA Age: From an Organizational Learning Perspective," Sustainability, MDPI, vol. 15(1), pages 1-21, December.
    16. Zacharias, Nicolas A. & Nijssen, Edwin J. & Stock, Ruth Maria, 2016. "Effective configurations of value creation and capture capabilities: Extending Treacy and Wiersema's value disciplines," Journal of Business Research, Elsevier, vol. 69(10), pages 4121-4131.
    17. Simms, Christopher & Frishammar, Johan & Ford, Nicholas, 2021. "The front end in radical process innovation projects: Sources of knowledge problems and coping mechanisms," Technovation, Elsevier, vol. 105(C).
    18. BERTRANDIAS, Laurent & LOWE, Ben & SADIK-ROZSNYAI, Orsolya & CARRICANO, Manu, 2021. "Delegating decision-making to autonomous products: A value model emphasizing the role of well-being," Technological Forecasting and Social Change, Elsevier, vol. 169(C).
    19. Svetlana Klessova & Sebastian Engell & Catherine Thomas, 2022. "Assessment of the advancement of market-upstream innovations and of the performance of research and innovation projects," Post-Print hal-03636260, HAL.
    20. Frederik von Briel & Per Davidsson & Jan Recker, 2018. "Digital Technologies as External Enablers of New Venture Creation in the IT Hardware Sector," Entrepreneurship Theory and Practice, , vol. 42(1), pages 47-69, January.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:col:000129:020670. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Coordinador ICESI (email available below). General contact details of provider: https://edirc.repec.org/data/fciceco.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.