Intellectual capital and new product development

Chen, Chung‐Jen; Liu, Tsung‐Chi; Chu, Mo-An; Hsiao, Yung‐Chang

doi:10.1016/j.jengtecman.2014.06.003

Cited by 63 publications

(56 citation statements)

References 95 publications

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“…A number of research works have linked intangible variables to product development projects (Chen, Liu, Chu, and Hsiao, 2014;Hsu and Fang, 2009;Turner, Maylor, and Swart, 2015). However, this has not resulted in a corresponding development in engineering design performance measurement.…”

Section: Dynamic Measurementmentioning

confidence: 99%

A dynamic approach to real-time performance measurement in design projects

Škec

Cash

Štorga

2017

Journal of Engineering Design

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Document VersionPeer reviewed version Link back to DTU Orbit Citation (APA): Skec, S., Cash, P., & Storga, M. (2017) . A Dynamic Approach to Real Time Performance Measurement in Design Projects AbstractRecent developments in engineering design management point to the need for more dynamic, fine-grain measurement approaches able to deal with multi-dimensional, cross-level process performance in product design. Thus, this paper proposes a new approach to the measurement and management of individual and teamwork performance in engineering design projects. This integrates multiple, previously disparate, aspects of design management and performance measurement theory in a single framework. Further, a fully realised performance measurement approach is developed, which complements existing management strategies. This framework is synthesised from an extensive review and illustrated via an in-depth case study. As such, this work contributes to performance measurement theory in engineering design and has significant implications for both engineering design research and industry.

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Section: Dynamic Measurementmentioning

confidence: 99%

A dynamic approach to real-time performance measurement in design projects

Škec

Cash

Štorga

2017

Journal of Engineering Design

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“…With the increasing importance of intellectual capital, many scholars have investigated its organizational role. Most of this research focuses on the effect of intellectual capital on organizational performance, business performance, financial returns, and value creation [12]. Chen et al used three dimensions of intellectual capital including human, organizational, and relational to examine their relationships.…”

Section: Intangible Capital and Knowledgementioning

confidence: 99%

“…Specifically, based on knowledge-view, we suggest that human capital manifests itself in explicit knowledge, while organizational capital manifests itself in tacit knowledge. As human capital consists of the knowledge and skills that managers and employees possess [12], which can be documented and taught through training programs, it provides the foundation for explicit knowledge of the PSS networks. For example, the training and education an individual receives, as well as maintenance processes made and services established, can be documented and new employees can be brought up to speed about these issues quickly.…”

Section: The Influence Of Intangible Capital On Knowledgementioning

confidence: 99%

“…We categorized intangible capital into human capital and organizational capital. Human capital shows the level of knowledge and skills residing in the minds of the managers and employees [12,27]. We used the five measurement items [27] to assess the degree of employees skills, considered the best in the industry, creative and bright, experts in their jobs, and able to develop new ideas and knowledge.…”

Section: Construct Measuresmentioning

confidence: 99%

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Relationship between Intangible Capital, Knowledge and Maintenance Performance in a PSS Network: An Empirical Investigation

Guo

et al. 2015

Procedia CIRP

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Maintenance serves as the major engineering service in the PSS delivery model, it has a key role in delivering performance driven solutions. Leveraging the strengths of a dynamic PSS network for maintenance performance has become essential to satisfy rapidly changing customer demands and to remain competitive. Firms are therefore aiming to further their maintenance competence, which we define as the ability of the PSS networks to improve products and services, based on the processes and relationships established with PSS partners and customers. The purpose of this research is therefore to provide insight into how intangible capital among PSS network partners can be effectively utilized for maintenance performance. This study examines how intangible capital and knowledge further the development of maintenance competence within the context of a PSS network. A theoretical model is verified through structural equation modeling utilizing survey data collected from a PSS network, which consists of a large agricultural machine manufacturer, three providers for intelligent terminal instruments and 1000 smalland medium-sized service stations and distributors in the manufacturing industry. The results indicated that human capital and organizational capital are positively related to knowledge type development, which in turn has a positive effect on maintenance performance in PSS networks. This study contributes to the theoretical development of a conceptual model by examining the mediating role of explicit knowledge and tacit knowledge in the relation human capital and organizational capital with maintenance performance. Conclusively, an outlook for further research is given.

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“…Though continuous improvement is a difficult task to be performed (Hailu et al, 2018) but NPD is an effective way for revitalizing the success of the firm by providing new products with the features as per the customers' demand (Bhuiyan, 2011). From NPD strategy to commercialization there are numerous factors influencing the ultimate growth of the firm by performing innovative activities (Chen et al, 2014;Azad et al, 2013;De Sousa Mendes & Ganga, 2013). Difference in social, economic and political atmosphere of various countries and varieties of industries make the difference in factors controlling the NPD performance.…”

Section: Introductionmentioning

confidence: 99%

Effect of teamwork culture on NPD team’s capability in Indian engineering manufacturing sector

Roy¹,

Dan²,

Modak³

2018

10.5267/j.msl

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Teamwork, for competitive advantage, involving techno-socio-cultural aspects of organizations for engineering developments, is gaining importance rather rapidly due to advent of globalization. The purpose of this study is to identify the importance of teamwork culture for new product development (NPD) success through enriching the NPD team's capability in Indian manufacturing industries. It accumulates the teamwork culture dynamics and practices, their interrelationships and their combined impact on NPD team's capability in terms of technological developments for NPD success. This practical analysis collects primary data from 263 design and development experts from Indian engineering manufacturing companies. Structural equation modeling (SEM) approach is applied to investigate the interrelationship among associated variables of teamwork culture and NPD team's capability for NPD success. Concurrent engineering team (CET), communication infrastructure (CI), system integration (SI) and result orientation (RO) have been recognized as allied factors of teamwork culture. Successful adoption of associated variables ensures NPD success through influencing NPD team's capability which in turn articulated by technological developments. The realization of combined impact of teamwork and its allied variables escalates technological developments which in turn enriches NPD team's capability assuring organizational success. The result indicates that both CI and SI support CET for accelerating NPD team's capability through technological developments. Besides, CET motivates innovation orientation most precisely referred as RO for escalating NPD team's capability through technological developments for innovation.

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Intellectual capital and new product development

Cited by 63 publications

References 95 publications

A dynamic approach to real-time performance measurement in design projects

A dynamic approach to real-time performance measurement in design projects

Relationship between Intangible Capital, Knowledge and Maintenance Performance in a PSS Network: An Empirical Investigation

Effect of teamwork culture on NPD team’s capability in Indian engineering manufacturing sector

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