Front-loading the front-end of innovation

Wilfred Dolfsma, René van der Eijk, Surya Mahdi

Research output: Contribution to journalArticleAcademicpeer-review

3 Citations (Scopus)

Abstract

The Stage-Gate process is a tool used by innovation managers to rationalize resource allocation the innovation process by breaking the innovation process into different stages, and determining progress and prospects at gates using pre-determined criteria. This study determines the performance impact of investing financial resources relatively heavily in the front-end or early stages of new product development (NPD) projects. Data was collected for NPD projects for one of the largest consumer electronics firms in the world. Investing relative more resources in front-end activities positively affects performance. The degree of newness of an NPD project positively moderates this relationship.
Original languageEnglish
Pages (from-to)141-149
JournalJournal of Modern Project Management
Volume10
Issue number1
DOIs
Publication statusPublished - 14 Jun 2022

Keywords

  • Front-End of Innovation
  • New Product Development (NPD)
  • Resource Allocation
  • Stage Gate Model/Process

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