| Title |
New product development paradigm from the perspective of consumer innovation: A case study of Huawei ' s integrated product development |
| ID_Doc |
75365 |
| Authors |
Wang, CB; Chen, MJ; Wang, QY; Fang, YY; Qiu, LG |
| Title |
New product development paradigm from the perspective of consumer innovation: A case study of Huawei ' s integrated product development |
| Year |
2024 |
| Published |
Journal Of Innovation & Knowledge, 9, 2 |
| DOI |
10.1016/j.jik.2024.100482 |
| Abstract |
New product development (NPD) has become a key factor for improving enterprise competitiveness. Integrated product development (IPD) is considered a best practice for addressing the complexities of NPD, but most enterprise NPD processes face problems, such as low ef ficiency, long turnover, and high cost, that mismatch the demand. Using grounded theory, this article provides a case study of how Huawei's integrated product development (IPD) facilitates new product development. The research shows that Huawei has built a sustainable and replicable iterative closed loop between innovation management and business value through IPD. However, by combining consumer innovation and lean entrepreneurship theory to further analyze Huawei's IPD, it is found that there are limitations in customer development, agile development and business insight. The paper proposes an expanded approach towards new product development: incorporating lead users into the IPD process to enhance the company's business insights into NPD and integrating lean entrepreneurship theory into IPD to expedite the iteration of the company's business model. This study incorporates studies in the fields of NPD, IPD, user innovation, and lean startup theory, thus expanding the research horizon of NPD. (c) 2024 Published by Elsevier Espa & ntilde;a, S.L.U. on behalf of Journal of Innovation & Knowledge. This is an open access article under the CC BY-NC-ND license (http://creativecommons.org/licenses/by-nc-nd/4.0/) |
| Author Keywords |
New product development; Integrated product development; Consumer Innovation; Lean Startup Theory; Huawei |
| Index Keywords |
Index Keywords |
| Document Type |
Other |
| Open Access |
Open Access |
| Source |
Social Science Citation Index (SSCI) |
| EID |
WOS:001226972800001 |
| WoS Category |
Business; Management |
| Research Area |
Business & Economics |
| PDF |
https://doi.org/10.1016/j.jik.2024.100482
|