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Author:Bayus, B. L.
Title:Speed-to-market and new product performance trade-offs
Journal:Journal of Product Innovation Management
1997 : NOV, VOL. 14:6, p. 485-497
Index terms:NEW PRODUCTS
PRODUCT DEVELOPMENT
PERFORMANCE MANAGEMENT
COSTS
PROFIT
MARKETING STRATEGY
Language:eng
Abstract:This paper discusses the relationship between product development time and costs, and formulates a mathematical model that simultaneously considers the decisions regarding time-to-market and product performance levels. The paper applies the model to two competitive scenarios, and identifies the optimal entry timing and product performance decisions for various market, demand and cost conditions.
SCIMA record nr: 172676
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