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Responsible Product Innovation

Putting Safety First

  • Andy Yunlong Zhu
  • Max von Zedtwitz
  • Dimitris G. Assimakopoulos
Book

Part of the Innovation, Technology, and Knowledge Management book series (ITKM)

Table of contents

  1. Front Matter
    Pages i-xxxi
  2. Andy Yunlong Zhu, Max von Zedtwitz, Dimitris G. Assimakopoulos
    Pages 1-12
  3. Andy Yunlong Zhu, Max von Zedtwitz, Dimitris G. Assimakopoulos
    Pages 13-29
  4. Andy Yunlong Zhu, Max von Zedtwitz, Dimitris G. Assimakopoulos
    Pages 31-43
  5. Andy Yunlong Zhu, Max von Zedtwitz, Dimitris G. Assimakopoulos
    Pages 45-67
  6. Andy Yunlong Zhu, Max von Zedtwitz, Dimitris G. Assimakopoulos
    Pages 69-86
  7. Andy Yunlong Zhu, Max von Zedtwitz, Dimitris G. Assimakopoulos
    Pages 87-103
  8. Andy Yunlong Zhu, Max von Zedtwitz, Dimitris G. Assimakopoulos
    Pages 105-118
  9. Andy Yunlong Zhu, Max von Zedtwitz, Dimitris G. Assimakopoulos
    Pages 119-133
  10. Andy Yunlong Zhu, Max von Zedtwitz, Dimitris G. Assimakopoulos
    Pages 135-140
  11. Back Matter
    Pages 141-150

About this book

Introduction

This book analyses the relationships among product safety strategy and culture, concurrent engineering, new product development (NPD) processes and product safety performance. Product safety is a matter of enormous economic and societal concern, given the safety risks to consumers and the financial risks to producers. Nevertheless, a thorough conceptual understanding of the effects of NPD policies and practices is still largely missing, as several large-scale trends have made clarifying the role of product safety in its socio-economic context difficult, including: the rise of consumerism and the shift in the balance of power from manufacturers to customers and regulators; the internationalization of value chains and the fragmentation of markets worldwide; and technological change leading to a sophistication of products that rendered average consumers increasingly unaware of risk and potential accidents.     

This volume sets out to close the gaps among research, practice and policy, with an emphasis on advocating responsible product innovation. Through an in-depth study of the durable juvenile products industry, the authors discover important relationships, for example that top management involvement, safety-first culture and robust NPD processes are paramount in increasing product safety and decreasing product recalls in firms.  On the other end of the spectrum, concurrent engineering does not automatically lead to product safety, they found no “magic bullet” through which product safety can be tied to the use of a particular tool, skill, or practice. Offering a dynamic framework for aligning the interests of multiple stakeholders, including manufacturers, regulators, and consumers, the authors provide a clearer understanding of product safety and its implications for scholars, students, policy makers, and practitioners in the areas of innovation management, product management, R&D management, and responsible research and innovation.

Keywords

Product Safety Managment Product Safety Performance New Product Development (NPD) Responsible Research and Innovation (RRI) Product Innovation Organizational Culture

Authors and affiliations

  • Andy Yunlong Zhu
    • 1
  • Max von Zedtwitz
    • 2
  • Dimitris G. Assimakopoulos
    • 3
  1. 1.Goodbaby International Holdings Ltd.KunshanChina
  2. 2.School of Economics and BusinessKaunas University of TechnologyKaunasLithuania
  3. 3.Department of Economics, Finance and ControlEM-LYON Business SchoolEcullyFrance

Bibliographic information

Industry Sectors
Automotive
Chemical Manufacturing
Biotechnology
Telecommunications
Consumer Packaged Goods
Aerospace
Engineering
Pharma
Materials & Steel
Finance, Business & Banking
Electronics