Envisages of New Product Developments in Small and Medium Enterprises through Virtual Team

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Abstract

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.

Item Type:	MPRA Paper
Original Title:	Envisages of New Product Developments in Small and Medium Enterprises through Virtual Team
English Title:	Envisages of New Product Developments in Small and Medium Enterprises through Virtual Team
Language:	English
Keywords:	Survey Finding, New Product Development, Factor Analysis, Virtual Team
Subjects:	L - Industrial Organization > L1 - Market Structure, Firm Strategy, and Market Performance > L11 - Production, Pricing, and Market Structure; Size Distribution of Firms R - Urban, Rural, Regional, Real Estate, and Transportation Economics > R3 - Real Estate Markets, Production Analysis, and Firm Location O - Economic Development, Technological Change, and Growth > O3 - Technological Change; Research and Development; Intellectual Property Rights > O32 - Management of Technological Innovation and R&D L - Industrial Organization > L7 - Industry Studies: Primary Products and Construction O - Economic Development, Technological Change, and Growth > O1 - Economic Development M - Business Administration and Business Economics; Marketing; Accounting > M1 - Business Administration > M11 - Production Management M - Business Administration and Business Economics; Marketing; Accounting > M5 - Personnel Economics > M54 - Labor Management P - Economic Systems > P4 - Other Economic Systems > P42 - Productive Enterprises; Factor and Product Markets; Prices; Population O - Economic Development, Technological Change, and Growth > O3 - Technological Change; Research and Development; Intellectual Property Rights L - Industrial Organization > L1 - Market Structure, Firm Strategy, and Market Performance > L15 - Information and Product Quality; Standardization and Compatibility
Item ID:	26984
Depositing User:	Nader Ale Ebrahim
Date Deposited:	26. Nov 2010 13:56
Last Modified:	14. Feb 2013 08:35
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URI:	http://mpra.ub.uni-muenchen.de/id/eprint/26984

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Envisages of New Product Developments in Small and Medium Enterprises through Virtual Team - Munich Personal RePEc Archive