New Product Development: Trade-offs, Metrics, and Successes

Teck Hua Ho*, Dayoung Kim

*Corresponding author for this work

Research output: Chapter in Book/Report/Conference proceedingChapter

Abstract

This chapter reviews Morris Cohen’s scholarly contributions to new product development (NPD) and the other areas at the interface of marketing and production. Specifically, we examine how Morris and his co-authors’ pioneering work in NPD has generated follow-up work by a number of scholars, demonstrating the frequent tension between the marketing and production functions. The authors provide rigorous support for performance metrics used by practitioners in the NPD process. Their work on a data-driven decision support system shows the usefulness of their research to industry. In summary, this work on NPD reveals who Morris Cohen is as a scholar—someone with the rare ability to link rigorous research with practical implementation.

Original languageEnglish
Title of host publicationSpringer Series in Supply Chain Management
PublisherSpringer Nature
Pages39-50
Number of pages12
DOIs
Publication statusPublished - 2022
Externally publishedYes

Publication series

NameSpringer Series in Supply Chain Management
Volume19
ISSN (Print)2365-6395
ISSN (Electronic)2365-6409

Bibliographical note

Publisher Copyright:
© 2022, The Author(s), under exclusive license to Springer Nature Switzerland AG.

ASJC Scopus Subject Areas

  • Management Science and Operations Research
  • Control and Optimization
  • Management of Technology and Innovation

Keywords

  • Forecasting
  • Marketing-operations interface
  • New product development (NPD)
  • NPD metrics
  • Time-to-market

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