Abstract
In recent years, the impact of technology management and technological capability on new product development performance has aroused widespread concern. As a result, research models based on the notion of fit between technology management and technological capability seems to show promise. This paper aims to whether there exists a fit between technology management and technological capability and the effect of this fit on new product development performance. Research results show that the fit between technology management and technological capability has a positive effect on new product development performance. Moreover, the fit between technology management and technological capability in firms with high new product development performance is dominated by technological capability, while that in firms with low new product development performance is dominated by technology management.
Highlights
It is widely accepted that new product development is critical to the competitive advantage of a firm [1,2]
This paper explores the effect of the fit between technology management and technological capability on new product development performance
The results show that the fit between technology management and technological capability has a positive effect on new product development performance, while the deviation between technology management and technological capability has a negative effect on new product development performance
Summary
It is widely accepted that new product development is critical to the competitive advantage of a firm [1,2]. Levin and Barnard (2008) indicate that technology management can help firms integrate various corporate activities, which contributes to resolving the problem of poor communication in the process of new product development [6]. Technological capability is an important kind of knowledge, which is critical for firms to generate new knowledge for innovation [9]. Technological capability is related to the using of technological knowledge, and it argues that firms with higher level of technological capability tend to have higher level of absorptive capacity [10] technological capability could increase existing knowledge of a firm, and produce a higher likelihood of succeeding in new product development [11]
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