Envisages of New Product Developments in Small and Medium Enterprises through Virtual Team
New product development (NPD) in small and medium-sized enterprises (SMEs) virtual team has not been systematically investigated in developing countries. Literatures have shown no significant differences between traditional NPD and virtual NPD in general. New product development especially for SMEs virtual team are somewhat lacking in the literature and constitute a research gap. This paper aims to bridge this gap. This study first reviews the NPD and its relationship with virtuality and then identifies the critical factors in definition of NPD in SMEs virtual team. The statistical method was utilized to perform the required analysis of the data from survey. The results are achieved through factor analysis at the perspective of NPD in some of Malaysian and Iranian manufacturing firms. The 20 new product development factors were grouped into five higher level constructs. It gives valuable insight and guidelines which hopefully will help managers of firms in developing countries to consider the main factors in NPD.
|Date of creation:||15 Dec 2009|
|Date of revision:||02 Jan 2010|
|Publication status:||Published in Proceedings of the 2010 International Conference on Industrial Engineering and Operations Management Dhaka, Bangladesh (2010): pp. 1-10|
|Contact details of provider:|| Postal: Ludwigstraße 33, D-80539 Munich, Germany|
Web page: https://mpra.ub.uni-muenchen.de
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- Timo Pihkala & Elina Varamaki & Jukka Vesalainen, 1999. "Virtual organization and the SMEs: a review and model development," Entrepreneurship & Regional Development, Taylor & Francis Journals, vol. 11(4), pages 335-349, October.
- Ale Ebrahim, Nader & Ahmed, Shamsuddin & Taha, Zahari, 2009. "A conceptual model of virtual product development process," MPRA Paper 27374, University Library of Munich, Germany, revised 12 Jun 2009.
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