| Title | Achieving Sustainable New Product Development by Implementing Big Data-Embedded New Product Development Process |
|---|---|
| ID_Doc | 71800 |
| Authors | Wang, YF; Zhang, HL |
| Title | Achieving Sustainable New Product Development by Implementing Big Data-Embedded New Product Development Process |
| Year | 2020 |
| Published | Sustainability, 12.0, 11 |
| Abstract | Literature suggests that new product development (NPD) has an impact on sustainable organizational performance. Yet, previous studies in NPD have mainly been based on "experience-driven", not data-driven, decision-making in the NPD process. We develop a research model to examine how the big data-embedded NPD process affects the sustainable innovation performance of NPD projects. We test the proposed model and conduct the cross-national comparison using data collected on 1858 NPD projects in the United States of America (USA), the United Kingdom (UK), and Australia. The research findings suggest that big data-embedded business analysis, product design, and product testing increase sustainable innovation performance in all three countries. The study findings also reveal several surprising results: (1) in the USA, big data-embedded product testing has the highest effect on sales growth and gross margin, (2) in Australia, big data-embedded commercialization has the highest effect on sales growth and gross margin, and (3) in the UK, big data-embedded commercialization has the highest effect on second-year sales growth, first-year, and third-year gross margin; in addition, big data-embedded product testing has the highest effect on third-year sales growth and second-year gross margin. |
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