The DOI matches its Crossref record; 54 of the 54 references it cites were found in a registry or an index.
Is faster really better? An empirical test of the implications of innovation speed
Abstract
New product innovation is critical to the competitive advantage of many firms. However, there is much hoopla, but little evidence, regarding the benefit of innovation speed. Specifically, there exists insufficient, often conflicting evidence about how dimensions of innovation strategy (cost, quality, and speed) relate to one another and how they ultimately affect project success. Evidence from 75 new product development projects clearly indicates that speed is positively related to quality and has the greatest influence on success. However, several external and firm-level factors were found to moderate the effect of innovation strategy dimensions on project success. Results point to the fact that relationships between dimensions of innovation strategy and project success vary with level and source of uncertainty, with the clearest finding being that speed leads to success primarily in more predictable contexts. This suggests that a fast-paced innovation strategy is best when "you know where you're going".
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Cites
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Cited by
Knowledge sharing, innovation and firm performance
Wang, Z., & Wang, N. (2012) · Expert Systems with Applications · doi:10.1016/j.eswa.2012.02.017 · Cited by 1,123
Understanding antecedents of new product development speed: A meta‐analysis
Chen, J., Damanpour, F., & Reilly, R. R. (2010) · Journal of Operations Management · doi:10.1016/j.jom.2009.07.001 · Cited by 329
Corporate foresight: Its three roles in enhancing the innovation capacity of a firm
Rohrbeck, R., & Gemünden, H. G. (2011) · Technological Forecasting and Social Change · doi:10.1016/j.techfore.2010.06.019 · Cited by 321
Erebak, S., & Turgut, T. (2021) · The Journal of High Technology Management Research · doi:10.1016/j.hitech.2021.100419 · Cited by 45
Metadata
- Authors
- Kessler, E. H., & Bierly, P. E.
- Venue
- IEEE Transactions on Engineering Management
- Published
- 2002
- Volume
- 49
- Issue
- 1
- Pages
- 2-12
- ISSN
- 0018-9391 (ISSN-L)
- OpenAlex
- W2135827157
- Cited by
- 263
- References
- 54
- FWCI
- 6.42
- Type
- journal article
- Language
- en
- Open access
- closed
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Contains information from the Semantic Scholar Academic Graph Datasets, made available under the ODC Attribution License (ODC-BY 1.0).
Semantic Scholar’s data is described in: Kinney, R., et al. (2023). The Semantic Scholar Open Data Platform. arXiv:2301.10140.
