Critical analysis of Callahan & Lasry (2004) Callahan, John and Eytan Lasry (2004) “The Importance...
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Transcript of Critical analysis of Callahan & Lasry (2004) Callahan, John and Eytan Lasry (2004) “The Importance...
Critical analysis of Callahan & Lasry (2004)
Callahan, John and Eytan Lasry (2004) “The Importance of Customer Input in the Development of Very New Products,” R&D Management, 34(2), March, 107‐120.
Mahmoud Hassan
TTMG 5004 - Summer 2015Technology Innovation ManagementThe Date (May 28th, 2015)
The DateYour email Slide 2
Description
• Area of study :
- This research explores the acquisition of customer input and its
importance in the development of very new products.• Unit of analysis : A computer telephony new product development project.• Research methods :
- Data were gathered on 55 product development projects.
- Used to test hypothesis concerning the relationship between product
newness, the importance of customer input in the development process,
and the use of customer intensive market research methods.• Research results :
- For importance of customer input : Increases with market newness of a product up to a point and then drop off
For every new product. Significantly increases the use of customer intensive market research
methods.
The DateYour email Slide 3
Critical analysis
• The contribution of the paper to our course: - How you can formulate a set of hypothesis based on the review.
- How you can outline the research design, including data gathering
and the measurement of research variables.
- How you can presenting the research results, summarize your findings.• Value of contribution:
- For innovation, develop a framework for bridging and judgment on effects.
- Approach for product newness.• Strengths:
- General phases and activities in cases studies
- The empirical evidences and statistical analysis.• Weaknesses: May not succeed with new data and time.• Arguments:
- Many statistical support / tests to support the relationship between Customer Input, Method intensity and product newness.
The DateYour email Slide 4
Synthesis
• These studies search
- Focused on Technology management and innovation performance.
- Research literatures provides guidance to managers.
• Research Methods
- Deductive Theory -> Hypothesis -> Observation -> Confirmation
- Descriptive Statistics
• Analysis & Statistical Methods
- Common methods to collect data
- Hypothesis tests:
Linear relationship, quadratic regression and correlation analysis
The DateYour email Slide 5
Extension
• Areas for future research: - Ensures customer satisfaction for every new product . - Potential customers and product newness. - Customer relationship management .
• Building on this paper: - Take into account the quick change in market newness and overall newness. - What is the importance of customer input for every new
product with different income and ages?- What are the effects on customers for using new products
technology?