• Asia-Pacific Journal of Business Venturing and Entrepreneurship
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• v.15 no.3
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• pp.133-144
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• 2020

This study examines the indirect effects of new product development(NPD) on the relationship between entrepreneurial orientation(EO) and business performance is contingent on organization size. Although previous studies have revealed that EO has a positive effect on business performance and NPD, there have been no research attempts to comprehensively grasp the causal path of EO, NPD, and business performance. Therefore, this study analyzed the causal path focusing not only on final financial business performance affected by EO but also on the mediating role of new product development, which is an intermediate performance. Based on the sample of 3,299 firms from the 2018 Entrepreneurship Survey(Corporate), we analyzed the EO-NPD-business performance relationship and explored whether such an indirect effect of EO on business performance differs depending on the size of the firm. The results showed that EO has a positive impact on business performance and NPD. In addition, NPD positively mediates the relationship between EO and business performance under the condition of large size firm, although NPD does not have a direct effect on business performance. With the findings, the current study has principal implications for practicing managers. The result of this study is not to suggest that NPD triggered by EO is a panacea for improving final business performance. The study suggests a need to equip organizational capabilities to successfully commercialize new products and appeal to the market and customers, beyond simply developing new products seeking newness based on EO.

• Asia-Pacific Journal of Business Venturing and Entrepreneurship
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• v.10 no.4
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• pp.113-131
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• 2015

Decision effectiveness depends on type of knowledge within team members generated by decision making process. Thus, organization in accordance with teams' experience and capability ultimately achieve their desired outcome. However, previous research has not addressed a mediating role between different knowledge type in decision making and product competitive advantages(pioneering advantage and product quality superiority). Based on the knowledge-based view, we model how different knowledge characteristics in decision making affect to acquire each of knowledge in decision making effectively and then to apply acquired knowledge in decision making. Anchored in a source-position-performance (SPP) framework (Day and Wensley's, 1988), we shed light on the effects of three knowledge characteristics dimensions in decision making process on knowledge management competences in decision making for a new product project. We also examine the relationship between two dimensions of NPD knowledge management competences, and product competitive advantages which consist of market pioneering advantage and product quality superiority. To test the relationships, the empirical analyses are conducted using a sample of team managers who participated in NPD projects. This study suggest that managers should increase their acquirability and applicability of knowledge by integrating complexity of diverse and new knowledge, developing codifiability of well-documented knowledge, and creating the sharing common knowledge among NPD team members. Thus, they are able to outrun major competitors in terms of pioneering advantage and product quality superiority perspective.

• Asia Marketing Journal
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• v.2 no.4
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• pp.1-12
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• 2000

대부분의 서구 하이테크 기업들이 "신제품 프리어나운싱 (new product preannouncing)"을 공식적인 신제품 개발, 출시 전략의 일부분으로 채택, 활용하고 있다. 최근 미국 학계에서도 이 분야에 대한 연구관심이 급속히 증가하고 있지만, 한국에서는 신제품 프리어나운싱이라는 개념조차 제대로 알려져 있지 않은 상황이다. 따라서 본 연구는 신제품 프리어나운싱에 대한 개념적 고찰 및 미국에서의 기존 연구 성과를 요약, 제시한다. 이를 통해 한국 하이테크 기업들이 프리어나운싱 전략을 활용, 신제품의 성공가능성을 높이는데 도움을 주고자 하며, 아울러 이 분야에 대한 한국에서의 향후 연구에 실마리를 제공하고자 한다. 본 연구는 먼저 신제품 프리어나운싱의 개념적 특성, 사례 및 신제품 프리어나운싱에 수반되는 혜택 및 위험을 구체적으로 기술한다. 그리고 신제품 프리어나운싱 의사결정과 관련된 개념적 모형도를 개발, 제시하며, 관련된 기존 연구 및 향후 이 분야에서 요구되는 연구내용 들을 요약, 제시한다.

• Proceedings of the Technology Innovation Conference
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• 2009.02a
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• pp.475-487
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• 2009

본 연구는 중국 기업들을 대상으로 가치 혁신 신제품개발 전략, 관리 방식, 학습 방식, 그리고 신제품 성과간의 관계를 살펴보고, 중국 고유 문화와 중국이 겪고 있는 환경적 변화가치 혁신 신제품개발을 위한 관리 방식과 학습 방식에 어떻게 영향을 끼치는지를 조사하였다. 본 연구 결과는 이론적으로, 가치 혁신 신제품개발을 위해서는 조합적 관리방식과 조합적 학습 방식이 필요하다는 점을 밝혀 주고 있다. 그리고, 중국 기업들은 이러한 관리와 학습 방식을 수행하는데 유리한 국가 문화와 환경을 갖고 있음을 보여 주고 있기 때문에, 국가 문화와 국가 환경이 신제품개발 관리에 영향을 끼치고 있음을 증명해 주고 있다.

• Asia-Pacific Journal of Business Venturing and Entrepreneurship
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• v.13 no.1
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• pp.119-129
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• 2018

Companies' efforts to secure and sustain a competitive advantage in the market may also appear in the form of new product development. This has increased the importance of leveraging knowledge from other companies in a global competition that is accelerating with an accelerating product life cycle and the development of transportation and communications. In order to create valuable knowledge through the exchange and combination of knowledge, the absorptive capacity of the recipient of the knowledge should be considered as important, but also the knowledge protection tendency, which is characteristic of the knowledge transferor, should be considered. However, studies that considered these factors at the same time were very limited. This study examines the effect of suppliers 'absorptive capacity and buyer' s knowledge protection on new product development performance during the joint development of new products. In addition, we investigated the interaction effect between supplier's absorption capacity and buyer's knowledge protection tendency. For this purpose, data were collected for automobile industry, electronics industry and defense industry, where joint development of new products occurred frequently, and statistical verification was performed by regression analysis. The results showed that the absorptive capacity of the supplier was positively correlated with the performance of the new product development, and the buyer 's knowledge protection tendency had a negative relationship with the new product development performance. In addition, the absorptive capacity of the supplier and the buyer 's knowledge protection tendency have an interaction effect on the new product development result. These results suggest that suppliers' absorption capacity is an important factor in the joint development of new products, but suppliers with superior absorption capacity may have a negative impact on new product development performance if buyers have a negative attitude toward knowledge transfer.

• Journal of the Korea Academia-Industrial cooperation Society
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• v.12 no.9
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• pp.3869-3877
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• 2011

The purpose of this study is to investigate the influence of market orientation and creativity on new product performance and to examine whether these factors on new product performance between types of technology innovation. Based on the literature reviews, this study employs five factors in two group of influencing factors, market orientation characteristics and creativity characteristics as key determinants of new product performance. The data have been collected from 136 enterprises and the respondents were person in charge of new product development of each corporation. The results of hypotheses testing through multiple regression analysis are summarized as follows. Firstly, all factors of market orientation and creativity have positive influence upon new product performance. Secondly, in terms of the relationship between market orientation and creativity and new product performance, the results showed significant differences between continuous innovation and discontinuous innovation samples. Based on the findings, implications and directions for future research are discussed.

• Asia-Pacific Journal of Business Venturing and Entrepreneurship
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• v.15 no.1
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• pp.185-195
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• 2020

This study is intended to determine that there is a casual relationship between technological innovation capability and new product development performance in small and mid-sized venture companies, and that the introduction of collaboration as a means to step up technological innovation capability will improve new product development performance. To achieve this, a survey was carried out to employees who are engaged in R&D work for small and mid-sized venture companies based in Korea, and the results were analyzed by regression analysis. The findings showed that technology strategy, technology learning and open innovation belonging to technological innovation capability in small and mid-sized venture companies had an effect on new product development performance. In other words, the selection of collaboration as a wider array of core strategies on new product development performance showed that collaboration was a strategy affecting new product development performance. In addition, the moderating role of technological innovation capability in boosting new product development performance through the introduction of collaboration showed that common collaboration had a positive effect on stepping up technology strategy, and collaboration as a core strategy had a positive effect on the size of new product development performance by strengthening technology strategy and open innovation.

• Asia Marketing Journal
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• v.7 no.1
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• pp.43-65
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• 2005

In most leading companies, new product development is one of the most important corporate activities which affects the very existence of them. Therefore, CFT(cross-functional team) is frequently used to utilize knowledge and experiences of its members from various teams. To ensure the successful operation of CFT, various structural assistances, such as committee and Task Force Team, are made which will coordinate smooth interactions among members. Many researches show that the increase of interaction among team members affects the performance. This research is exploratory research intend to show the effects of relational characteristics such as group efficacy and participation on the perceived performance of new product development. This research examines the performance mechanism that lies in between CFT and its members by expanding the understandings on the relationship between interaction and performance in new product development CFT. Results show that the level of interaction affect group efficacy. and group efficacy affect participation. Finally, participation affect perceived performance. However. it shows that the level of interaction and group efficacy do not have direct effect on perceived performance.

• Asia Marketing Journal
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• v.2 no.3
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• pp.64-89
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• 2000

기업의 사활은 신제품개발의 성공여부에 달려 있다. 이러한 필요성과 중요성에 비추어볼 때, 국내에서의 신제품 성공 요인에 관한 연구는 그 기반이 미흡한 실정이다. 고로, 본 연구의 목적은 신제품 성공요인을 파악하고 이들 성공요인간의 관계를 유추해 보는 것으로 한다. 본 연구논문은, Day & Wensley 의 SPP(Source-Position-Performance) 연구모형을 바탕으로 국내 화장품시장을 중심으로 설문 조사한 결과, 11 개 기업에서 총 159 부를 수집하여 연구 모형 및 연구 가설을 검증하였다. 그래서 다음과 같은 사실을 밝혀냈다. 첫째, 신제품개발 과정에서 마케팅 능력이 직접적으로 제품차별화에 긍정적인 영향을 미치고 있다는 사실과 둘째, 임직원 몰입도가 부서간 통합에 유의한 영향을 미치고 있다는 사실이다. 그리고 셋째, 기술 능력이 단순히 뛰어나다 해서 제품을 차별화 시킬 수는 없다는 사실과 넷째, 부서간 통합정도가 직접적으로 제품차별화롤 가져올 수는 없었는데 이러한 결과는 부서내 커뮤니케이션의 부족 및 부서간 갈등 둥으로 인한 것으로 분석된다. 마지막으로, 제품의 차별화가 신제품 성과에 매우 유의한 영향을 미치고 있다. 본 연구결과를 종합해 보면, 제품이 출시되기 전에 철저한 시장 특성 및 동향을 파악하여 제품을 만들어야 한다는 사실이다. 기술 능력이 회사마다 평준화되어 있는 상황에서 무엇보다 필요한 것은 정확한 소비자 조사 및 이를 바탕으로 한 신제품개발이다. 또한 신제품개발과정에서 최고경영자 및 마케팅 담당자들은 주관적인 판단보다는 기업의 마케팅 능력에 따른 객관적인 판단에 따라 행동해야 한다. 특히 화장품시장에서는 브랜드마케팅에 의해 더욱 차별화시킬 수 있다는 사실이다. 단순한 제품에 생명력을 불어넣는 것이 마케터의 역할이다. 기업은 단순히 제품만을 파는 것이 아니라 소비자들에게 제품이상의 것을 판다, 그래서 소비자의 마음속에 정확하게 자사 제품을 포지션닝하는 것이 무엇보다 중요하다는 사실이다.

• International Commerce and Information Review
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• v.15 no.1
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• pp.117-134
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• 2013

This study examines the moderating effect of HQ-subsidiary cooperation on the relationships between standardization and on-time completion of new product development (NPD) and international new product rollout (INPR). It was empirically tested by a Korean sample to verify the validity of the research framework. The results show that the higher the HQ-subsidiary/agent cooperation, the stronger the effect of NPD timeliness on INPR timeliness. However, HQ-subsidiary cooperation does not moderate the relationship between standardization and INPR timeliness. Under conditions in which the subsidiary and headquarters have a positive relationship, open communications, and regular interactions, more successful new product development in terms of planned time schedule is strongly associated with a much faster introduction to overseas markets.