Purpose
The effect of market orientation (MO) on new product development (NPD) has been widely discussed in recent research. This paper aims to summarize the theoretical and empirical literature in this field from 1990 to 2016.
Design/methodology/approach
A total of 89 papers were published in 15 top management journals over this period of nearly 30 years. Forty-one papers are identified as major research and recognized as five main streams by an approach of inductive.
Findings
Conclusions regarding trends in the literature on MO–NPD relationship and surfacing future research directions were drawn.
Practical implications
Managers can take a better understanding of the concept of MO. Moreover, they can find some approach to promote their firms’ NPD. Furthermore, they should keep in mind that MO’s effect on NPD may depend on different factors, and different types of MO may lead to different types of NPD. In addition, this paper provides researchers with systematic understanding of the literature in this area, and future research directions.
Originality/value
This is the novel paper to systematically review the literature on the effect of MO on NPD, and the first to classify the studies into five streams which provides clear directions for future research.
Leveraging the behavioral theory of the firm (BTF), the study examines how performance feedback affects firms' R&D investment frequency in the context of China's emerging economy. We found that historical and social performance feedbacks induce different R&D frequency, and the commonality and inconsistency of SOEs and POEs in R&D frequency in various performance feedback situations.
scite is a Brooklyn-based organization that helps researchers better discover and understand research articles through Smart Citations–citations that display the context of the citation and describe whether the article provides supporting or contrasting evidence. scite is used by students and researchers from around the world and is funded in part by the National Science Foundation and the National Institute on Drug Abuse of the National Institutes of Health.