Product Development, Business Concept, and Entrepreneurship
Nowadays, fierce competition and industry relocation toward developing countries, entrepreneurship, and innovation are widely recognized as key factors in competitiveness. The shortening of the product life cycle (products and services), the need to differentiate from competitors and reduce manufacturing costs, and effective logistics and marketing are all reasons to create and develop innovations to meet these challenges. For many countries, the private sector and entrepreneurship have been a powerful engine of economic growth and wealth creation. The formation of new businesses leads to job creation and has a multiplying effect on the economy. Socially, entrepreneurship empowers citizens, generates innovation, and changes mindsets. To that effect, studying the processes that lead an entrepreneur to look for new business concepts and then new product development processes is central to the innovation...
- Almirall E, Wareham J. The entrepreneurial role of living labs in closing the gap between research and innovation. eChallenges 2009, October 21–23, 2009. Istanbul, Turkey; 2009.Google Scholar
- Ben RH, Boly V, Morel-Guimaraes L. Attractive quality for requirement assessment during the front-end of innovation. TQM J. 2011;23(2):216–34.Google Scholar
- Bhave MP. A process model of entrepreneurial venture creation. J Business Venturing. 1994;9:223–42.Google Scholar
- Brinckmann J, Grichnik D, Kapsa D. Should entrepreneurs plan or just storm the castle? A meta-analysis on contextual factors impacting the business planning–performance relationship in small firms. J Business Venturing. 2010;25:24–40.Google Scholar
- Følstad A. Living labs for innovation and development of information and communication technology: a literature review. eJOV-Vol.10. Electronic J Virtual Org Networks. 2008;10:99–131. ISSN: 1442–9331, www.ejov.org.
- Lumpkin G, Hills G, Shrader R. Opportunity recognition. In: Welsch HP, editor. Entrepreneurship the way ahead. New York: Routledge; 2004. p. 73–90.Google Scholar
- Minniti M, Bygrave W. A dynamic model of entrepreneurial learning. Entrepreneurship Theory Practice. 2001;25:5–16.Google Scholar
- Parker S. Learning about the unknown: how fast do entrepreneurs adjust their beliefs? J Business Venturing. 2006;21:1–26.Google Scholar
- Perroux F. Les trois analyses de l’évolution et la recherche d’une dynamique totale chez Joseph Schumpeter. Editions Economie Appliquée; 1951.Google Scholar
- Schumpeter J. The theory of economic development. Cambridge: Harvard University Press; 1934.Google Scholar
- Smith H. Your product development process demands on going improvement, Research Technology Management, IRI Press, March–April: 1996. p. 37–44.Google Scholar