Concurrent commercialization and new-product adoption for construction products

被引:9
|
作者
McCoy, Andrew P. [1 ]
Badinelli, Ralph [1 ]
Koebel, C. Theodore [1 ]
Thabet, Walid [1 ]
机构
[1] Virginia Polytech Inst & State Univ, Blacksburg, VA 24061 USA
关键词
Construction industry; Product innovation; New products; Best practice; United States of America;
D O I
10.1108/14601061011040267
中图分类号
F [经济];
学科分类号
02 ;
摘要
Purpose - This paper aims to report on data from case studies of development process, and a survey of use patterns over ten years, for 13 highly innovative products. While the paper does not claim concurrent commercialization (CC) as a universal solution, it aims to highlight significant correlates between management best practice, concurrent commercialization and builder use rates for these 13 highly innovative products in the USA residential construction industry. Design/methodology/approach - To study the effect of CC on new-product adoption rates by installers, the authors assembled data from the National Association of Home Builders' (NAHB) Builders' Practices Survey (BPS) for the years 1996 through 2005. The data collection was executed in three phases. Best practices were collected from literature. Explanatory variables regarding best practice and presence of CC were collected and measured through case studies. The measure of market penetration, based on the concept of innovativeness, was obtained from the BPS survey data. Findings - Data analysis of 13 highly innovative products indicates that CC is consistent with accepted best practice in product development. These products suggest that some organizations might contain 100 percent CC with varying degrees of best practice management ideals, and also include equilibrium. Research limitations/implications - The extent to which products, with varying CC percentage, are affected by individual steps within CC is a direction for future research. The authors also did not have the ability to look at the entry year for other products strongly rooted in CC; there could be other explanations for a product entering the market strongly. Practical implications - CC is essentially directed at designing a commercialization process, as opposed to designing a product, which benefits the product development from exposure to all members along the construction supply chain. CC, drawing on concurrent engineering, expands the definition of the market to include all supply-chain participants, not just the installers and advocates the establishment of a complete supply chain, possible only if every member of the chain foresees net benefits to joining. In strengthening the commercialization process, the product might experience better probability of success. Originality/value - The paper places reason upon product failure, in the residential construction industry, through further investigation of sound commercialization process.
引用
收藏
页码:222 / +
页数:23
相关论文
共 50 条
  • [1] From new-product development to commercialization through networks
    Aarikka-Stenroos, Leena
    Sandberg, Birgitta
    JOURNAL OF BUSINESS RESEARCH, 2012, 65 (02) : 198 - 206
  • [2] Commentary to "From new-product development to commercialization through networks"
    Prenkert, Frans
    JOURNAL OF BUSINESS RESEARCH, 2012, 65 (02) : 207 - 209
  • [3] Optimal Advertising and Pricing in a New-Product Adoption Model
    Sethi, S. P.
    Prasad, A.
    He, X.
    JOURNAL OF OPTIMIZATION THEORY AND APPLICATIONS, 2008, 139 (02) : 351 - 360
  • [4] Optimal Advertising and Pricing in a New-Product Adoption Model
    S. P. Sethi
    A. Prasad
    X. He
    Journal of Optimization Theory and Applications, 2008, 139
  • [5] Engineering new-product success - The new-product pricing process at Emerson
    Bernstein, J
    Macias, D
    INDUSTRIAL MARKETING MANAGEMENT, 2002, 31 (01) : 51 - 64
  • [6] Optimal advertising and pricing in a class of general new-product adoption models
    Helmes, Kurt
    Schlosser, Rainer
    Weber, Martin
    EUROPEAN JOURNAL OF OPERATIONAL RESEARCH, 2013, 229 (02) : 433 - 443
  • [7] NEW-PRODUCT PRURITUS
    ROBERTS, MJ
    BRITISH MEDICAL JOURNAL, 1976, 1 (6026): : 47 - 47
  • [8] NEW-PRODUCT VENTURES
    PESSEMIER, EA
    BUSINESS HORIZONS, 1968, 11 (04) : 5 - &
  • [9] NEW-PRODUCT PRESSURES
    HOPKINS, DS
    BAILEY, EL
    CONFERENCE BOARD RECORD, 1971, 8 (06): : 16 - 24
  • [10] AVOID NEW-PRODUCT OVERSELL
    MANGANELLO, SJ
    ADVANCED MATERIALS & PROCESSES, 1991, 140 (06): : 54 - 54