Article: New Product Performance: What Distinguishes the Star Products.(Statistical Data Included)

Keywords:

NEW PRODUCT DEVELOPMENT (NPD); NPD SUCCES DIMENSIONS; NPD SUCCCESS FACTORS; NPD OUTCOME CLUSTERS; INTERNATIONAL COMPARISON OF NPD FACTORS.

1. Introduction

New products are vital to the success and prosperity of the modern company. Facing new technologies, increasing and global competition, and dynamic market needs, Australian companies must either succeed at product innovation or risk failing as businesses. Thus an understanding of what makes new products successful--what practices and characteristics distinguish the winners--is essential in order to provide the management insights needed in the decades ahead.

What are the ...

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