Knowledge-based New Product Development: fostering innovation through knowledge co-creation Online publication date: Tue, 26-Aug-2008
by Florian Kohlbacher
International Journal of Technology Intelligence and Planning (IJTIP), Vol. 4, No. 3, 2008
Abstract: This paper develops and presents the concept of knowledge-based New Product Development (NPD) in an effort to explain the role of knowledge in NPD and the process of its (co-)creation and management. It tries to advance the notion of knowledge (co-)creation in NPD, with a particular focus on the involvement of customers – i.e., the co-creation of knowledge, value and innovation with customers. The purpose is to provide both academics and practitioners with a framework for understanding and analysing knowledge based processes in NPD and how these can be leveraged to foster innovation.
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