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Springer Gabler

The Crucial Role of Domain Knowledge in Evaluating Early-Stage New Product Ideas

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Product Code: 9783658197834
ISBN13: 9783658197834
Condition: New
$61.47

The Crucial Role of Domain Knowledge in Evaluating Early-Stage New Product Ideas

$61.47
 
Florian Denker explores the role of an individual's domain knowledge for the proficient evaluation of early-stage new product ideas in the front-end of innovation. The results of his study show that in order to ensure an effective evaluation, evaluators of early-stage new product ideas should have comprehensive knowledge of consumers' needs and wants, as well as distinct knowledge about the opportunities and limits of available technologies in the respective domain. In this context, the results show that not only firm-internal experts can have this knowledge. Users and, in particular, so-called "lead users" (i.e. users who are ahead of the majority on major market trends and innovations), could also be suitable for effectively evaluating early-stage new product ideas.


Author: Florian Denker
Publisher: Springer Gabler
Publication Date: Nov 10, 2017
Number of Pages: 249 pages
Binding: Paperback or Softback
ISBN-10: 3658197838
ISBN-13: 9783658197834
 

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