Characteristics of new product development activities in SMEs: an empirical analysis of the Korean IT sector

Jeeeun Kim; Byungun Yoon; Jeawook Yoon; Sungjoo Lee

doi:10.1080/19761597.2015.1074514

Characteristics of new product development activities in SMEs: an empirical analysis of the Korean IT sector

Jeeeun Kim, Byungun Yoon, Jeawook Yoon, Sungjoo Lee

Department of Industrial and Systems Engineering

Research output: Contribution to journal › Article › peer-review

2 Scopus citations

Abstract

Recognising the importance of new product development (NPD) process in small and medium-sized enterprises (SMEs) to improve NPD quality, this research aims to analyse the characteristics of R&D activities in SMEs. We first defined 21 NPD activities for SMEs and collected data about them from 250 Korean SMEs in the IT industry. Then we identified the activities required by SMEs considering their actual use and recognised importance, classified them according to the patterns of use, and finally examined the activities significantly related to NPD performance. The research findings are expected to provide a useful basis for improving NPD process in SMEs.

Original language	English
Pages (from-to)	230-254
Number of pages	25
Journal	Asian Journal of Technology Innovation
Volume	23
Issue number	2
DOIs	https://doi.org/10.1080/19761597.2015.1074514
State	Published - 4 May 2015

Keywords

IT
NPD activity
NPD performance
process improvement
SMEs

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10.1080/19761597.2015.1074514

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title = "Characteristics of new product development activities in SMEs: an empirical analysis of the Korean IT sector",

abstract = "Recognising the importance of new product development (NPD) process in small and medium-sized enterprises (SMEs) to improve NPD quality, this research aims to analyse the characteristics of R&D activities in SMEs. We first defined 21 NPD activities for SMEs and collected data about them from 250 Korean SMEs in the IT industry. Then we identified the activities required by SMEs considering their actual use and recognised importance, classified them according to the patterns of use, and finally examined the activities significantly related to NPD performance. The research findings are expected to provide a useful basis for improving NPD process in SMEs.",

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AU - Yoon, Jeawook

AU - Lee, Sungjoo

PY - 2015/5/4

Y1 - 2015/5/4

N2 - Recognising the importance of new product development (NPD) process in small and medium-sized enterprises (SMEs) to improve NPD quality, this research aims to analyse the characteristics of R&D activities in SMEs. We first defined 21 NPD activities for SMEs and collected data about them from 250 Korean SMEs in the IT industry. Then we identified the activities required by SMEs considering their actual use and recognised importance, classified them according to the patterns of use, and finally examined the activities significantly related to NPD performance. The research findings are expected to provide a useful basis for improving NPD process in SMEs.

AB - Recognising the importance of new product development (NPD) process in small and medium-sized enterprises (SMEs) to improve NPD quality, this research aims to analyse the characteristics of R&D activities in SMEs. We first defined 21 NPD activities for SMEs and collected data about them from 250 Korean SMEs in the IT industry. Then we identified the activities required by SMEs considering their actual use and recognised importance, classified them according to the patterns of use, and finally examined the activities significantly related to NPD performance. The research findings are expected to provide a useful basis for improving NPD process in SMEs.

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Characteristics of new product development activities in SMEs: an empirical analysis of the Korean IT sector

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