The impact of innovation management techniques on product innovation performance: An empirical study

Author

Chai, Sunny N C ; Sun, H.Y. ; Lau, Antonio K W

Author_Institution

Dept. of Manuf. Eng. & Eng. Manage., City Univ. of Hong Kong, Hong Kong, China

fYear

2010

fDate

2-5 June 2010

Firstpage

432

Lastpage

437

Abstract

New product development (NPD) is a great challenge for manufacturers. However, empirical research on the impact of innovation management techniques (IMT) on innovation performance is seldom reported. An industrial survey is therefore conducted to verify the perceived usefulness of 41 IMT and their impact on innovation performance in Hong Kong electronics and electrical appliances industry. After 153 out of 527 manufacturers were surveyed and their data analyzed, the results show that 39 IMT are positively related to new product performance. However, only 8 out of them are positively related to new products in the product categories, whereas only 10 related to sales due to new products. The findings of this study give insights on the implementation of IMT to improve firm performance.

Keywords

domestic appliances; electronics industry; innovation management; product development; research and development; Hong Kong electronics industry; electrical appliances industry; empirical research; innovation management techniques; manufacturers; new product development; product innovation performance; Data analysis; Electrical products; Electrical products industry; Electronics industry; Industrial electronics; Innovation management; Manufacturing industries; Performance analysis; Product development; Technological innovation; Hong Kong; innovation management techniques; innovation performance; new product development; survey;

fLanguage

English

Publisher

ieee

Conference_Titel

Management of Innovation and Technology (ICMIT), 2010 IEEE International Conference on

Conference_Location

Singapore

Print_ISBN

978-1-4244-6565-1

Electronic_ISBN

978-1-4244-6566-8

Type

conf

DOI

10.1109/ICMIT.2010.5492782

Filename

5492782