product development

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Related to New product development: Product life cycle
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Noun1.product development - improving an existing product or developing new kinds of productsproduct development - improving an existing product or developing new kinds of products
development - act of improving by expanding or enlarging or refining; "he congratulated them on their development of a plan to meet the emergency"; "they funded research and development"
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References in periodicals archive ?
A substantial amount of literature on new product development has been produced in the last 40 years.
In our empirical research on new product development team leaders, we decided to adopt a two-component theory of autonomy - strategic and operational - because the pilot interviews showed that there were few tiers of management between the team leader of new product development projects and top management.
New product development has strategic importance for a firm's success.
High-performing teams--and even teams that do not reach high levels of collaboration--can be powerful tools in new product development.
His previous employment opportunities provided him experiences in project and product management, as well as new product development.
NPR: How would you rate the temperature of new product development in the past year?
Importantly only 2% of companies reported an intention to spend less on new product development over the coming 12 months, showing manufacturers are looking to couple new product development with investment in new equipment to bring innovation to the marketplace.
Turn to pages 36 and 45 to read a special report on the North East's renewed vigour for new product development.
Linden Foods anticipates that as a result of the investment in the new facilities and in new product development the company will be able to increase sales by 32%, most of which will be in markets outside Northern Ireland.
We believe totally in New Product Development, not least because we see a huge return on our investment--this commercial focus makes every project excitingly real, and aimed squarely at production.
The foundation for successful new product development is the creation of a corporate culture that promotes and rewards innovation.

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