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Managing the productivity of product development: a system dynamics analysis

Author

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  • Petri Helo
  • Olli-Pekka Hilmola
  • Ari Maunuksela

Abstract

This paper analyses the performance of product development as an input-delayed partial productivity. Firstly, the total productivity concept is introduced in the framework of firm-level performance measurement. After a review of some recent literature related to new product development, two related system dynamics models are presented and one software case is being further analysed. Based on the analysis we suggest that productivity measurement of product development requires knowledge in project and resource structure. Productivity approach is analysed on company growth and project level. Finally, the preliminary results related to product development are concluded and the practical applicability of the productivity framework is discussed for further research in the area.

Suggested Citation

  • Petri Helo & Olli-Pekka Hilmola & Ari Maunuksela, 2004. "Managing the productivity of product development: a system dynamics analysis," International Journal of Management and Enterprise Development, Inderscience Enterprises Ltd, vol. 1(4), pages 333-344.
    • Handle: RePEc:ids:ijmede:v:1:y:2004:i:4:p:333-344
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