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product development (process (setting of project constraint (marketing…
product development
process
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prod. idea generation
sources of idea
internal source
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sales representatives / consumer's complaints / internal experimental records / collective memory / branstroming attribute-listing and synectics
external source
food conference / exhibition / trade show / public info (patent lterature, scientfc article) /brochure / news letter / bulletins / gov publcation
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new product
types
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new category product
not new to the world, but new to the company
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cost reduction
new product replacing existng one, with lower cost
causes
product life cycle
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S curve
partially represent product life cycle how innovation start slow, accelerate, the hit a celing requring companies to jump to a new technology
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dynamic marketplace and change in consumer's desire, need, and buyng habit
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