IDEAS home Printed from https://ideas.repec.org/p/jau/wpaper/2012-19.html
   My bibliography  Save this paper

Sustainability Requirements Dynamics in New Product Development

Author

Listed:
  • Marios Bisilkas

    () (LEE & Economics Department, Universitat Jaume I, Castellón-Spain)

  • Iván Barreda Tarrazona

    () (LEE & Economics Department, Universitat Jaume I, Castellón-Spain)

  • Aurora García-Gallego

    () (LEE & Economics Department, Universitat Jaume I, Castellón-Spain)

Abstract

The purpose of a product is to satisfy the needs of the people that are going to acquire it. In order to do so, it has to incorporate characteristics and features that fulfill a series of requirements set by users' expectations and external conditions. In this essay, we are focusing on the design process of a new product and examine up to what extent should sustainability considerations as defined from the triple bottom line should be incorporated and when. Results indicate that the most important factors are the reaction of the customers to the sustainability performance of the product and its price. Attention needs to be paid though, as early incorpo- ration can provide either a competitive advantage or considerably hurt profitability. Finally, we discuss effective policies that could induce a permanent shift towards more sustainable operations.

Suggested Citation

  • Marios Bisilkas & Iván Barreda Tarrazona & Aurora García-Gallego, 2012. "Sustainability Requirements Dynamics in New Product Development," Working Papers 2012/19, Economics Department, Universitat Jaume I, Castellón (Spain).
  • Handle: RePEc:jau:wpaper:2012/19
    as

    Download full text from publisher

    File URL: http://www.doctreballeco.uji.es/wpficheros/Bisilkas_et_al_19_2012.pdf
    Download Restriction: no

    References listed on IDEAS

    as
    1. Barlas, Yaman, 1989. "Multiple tests for validation of system dynamics type of simulation models," European Journal of Operational Research, Elsevier, vol. 42(1), pages 59-87, September.
    2. VAN WOENSEL, Tom & CRETEN, Ruth & VANDAELE, Nico J., "undated". "Managing the environmental externalities of traffic logistics: The issue of emissions," Working Papers 2000022, University of Antwerp, Faculty of Applied Economics.
    3. Levinthal, Daniel & March, James G., 1981. "A model of adaptive organizational search," Journal of Economic Behavior & Organization, Elsevier, vol. 2(4), pages 307-333, December.
    Full references (including those not matched with items on IDEAS)

    More about this item

    Keywords

    New product development; sustainability; profitability; Triple Bottom Line; product design;

    JEL classification:

    • M21 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Economics - - - Business Economics
    • L23 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Organization of Production
    • L25 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Firm Performance

    NEP fields

    This paper has been announced in the following NEP Reports:

    Statistics

    Access and download statistics

    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:jau:wpaper:2012/19. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (María Aurora Garcia Gallego). General contact details of provider: http://edirc.repec.org/data/ueujies.html .

    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 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.

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

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.