Product Innovation Management Research Articles

Gen Z's Motivation and Challenges in Blitar for Running Family Business

This study aims to explore the motivations of Generation Z in Blitar in running a family business. Using a qualitative approach, data were collected through in-depth interviews with 25 respondents involved in family businesses. The results showed that their main motivations included responsibility for family tradition and heritage, the desire to achieve financial independence, and self-development. Despite significant challenges such as financial difficulties and competition, respondents showed resilience and innovation in overcoming obstacles. The strategies implemented included product innovation, digital marketing, and good financial management. These findings provide important insights into the role of Gen Z in family businesses and their implications for local economic development, as well as highlighting the need for support for entrepreneurship education and access to financial resources.

The Effect of Product Innovation and Customer Relationship Management on Satisfaction Mediated by Purchasing Decisions in the Coffee Shop Industry

The coffee shop industry faces increasingly fierce competition, where consumers have many choices. To retain and attract customers, coffee shops must continuously develop product innovation and improve customer relationships through Customer Relationship Management (CRM). This study aims to identify the effect of product innovation and CRM on customer satisfaction and understand the role of purchasing decisions as a mediator in this relationship. This research uses a survey method by collecting data from coffee shop customers through questionnaires. The research sample consisted of coffee shop visitors who were active during the research period. The collected data were analyzed using statistical techniques, including regression analysis. The results showed that product innovation has a significant positive impact on customer satisfaction. CRM also has a significant favorable influence on customer satisfaction. Furthermore, purchasing decisions were found to mediate the relationship between product innovation and customer satisfaction, as well as between CRM and customer satisfaction. These findings indicate that coffee shops focusing on developing innovative products and implementing effective CRM strategies can increase customer satisfaction. In addition, purchase decisions are an essential intermediary in linking product innovation, CRM, and customer satisfaction. Therefore, coffee shop management must consider better strategies for integrating product innovation, CRM, and purchase decisions to achieve long-term success in this competitive industry. This research contributes significantly to understanding the factors influencing customer behavior and the strategies coffee shop industry players can use.

Penerapan Inovasi Produk dan Manajemen Mutu dalam Meningkatkan Daya Saing Produk UMKM di Desa Aek Loba Afdeling 1

One of the factors that influences the competitiveness of MSME products is their ability to innovate and manage product quality. Product innovation allows MSMEs to create added value and differentiate themselves from competitors, while good quality management ensures the consistency and quality of the products produced. This community service activity was carried out in order to increase the self-awareness of the community, especially the MSMEs in Aek Loba Afdeling 1 Village, Aek Kuasan District, Asahan Regency. The method used in this community service is face-to-face (om the spot training). Data collection used was observation, interviews and documentation. The result of this community service is increasing public understanding of the importance of product innovation and quality management in increasing the competitiveness of MSME products

Fueling innovation management research: Future directions and five forward‐looking paths

AbstractResearch about innovation management explores how the future is created—who is creating it (organizations, collaborations, etc.), for what aims (customer satisfaction, market performance, etc.), and with what broader effects (social, environmental, etc.). With this extended essay, we explore the potential futures of innovation management research in three ways. First, we briefly review the history of past research agendas and priorities published in the Journal of Product Innovation Management (JPIM), highlighting three broad topic areas (technological, social/environmental, and organizational) that have emerged over time and their potential disruptive implications for innovation management research. Second, we describe the outcome of a gathering of leading scholars in innovation management tasked with the challenge of identifying critical research paths for our field. This collaboration resulted in five “deep dive” essays into areas ripe for innovation management research in the years ahead: liquid innovation, artificial intelligence in innovation, business model innovation, public value innovation, and responsible innovation. Third, we reflect on this expansive effort and offer a discussion of implications (tensions, challenges, and opportunities) for future innovation management scholarship.

Cooperation and coopetition, determinants of openness in product innovation and human resource management. Comparative study between Spain-Portugal

The relationship between innovation and economic development has been extensively analyzed, highlighting how the national environment influences business innovation dynamics. In this context, the concept of the Triple Helix is introduced, identifying universities, firms, and governments as the main drivers of innovation development. The main objective of this paper is to deepen the understanding of the impact that cooperation and coopetition between these actors have on innovation dynamics. To achieve this, we compare two EU countries, focusing on product innovation following the Schumpeterian idea that economic development is driven by the introduction of new products. Data from 31,105 Spanish and 8224 Portuguese firms from the Community Innovation Survey (CIS) 2018 were analyzed. The results confirm that these collaborative dynamics have a positive impact on product innovation. Furthermore, human resource management is shown to be a fundamental aspect in driving innovation processes within an organization. The national context has positioned itself as a determining factor in innovation dynamics. In particular, in this study, Portuguese companies demonstrate a greater positive impact of innovation in human resources on product innovation compared to Spanish companies. The strength of this research lies in the comparative framework established between the two countries, allowing for the detection of the influence of governments, universities, and other agents in the collaborative processes that drive innovation dynamics in companies. The model proposed in this research could be extended to compare other countries, helping to explain the relationship between innovation levels and the influence of the country effect on their economic development.

Customisation and co-creation revisited: Do user types and engagement strategies matter for product innovation success?

User engagement is widely recognised as beneficial for the innovation efforts of firms scarce with internal resources but our knowledge about the relevance of user types and engagement strategies is scarce and mostly limited to the front-end phases of the innovation process. To fill this gap, we use data from over 10,000 companies operating in four emerging innovation ecosystems in Central Europe and examine the contribution of users to product development, distribution, market positioning and the commercialisation of innovations. The results show that user engagement through customisation and co-creation promotes the success of the innovation process, with the impact of co-creation being much stronger. Consumers, intermediary users (businesses) and public sector users play different roles at different stages of innovation. These findings provide important insights for firms seeking to optimise their user engagement strategies in product innovation management.

Implementation of the Halal Assurance System and MSME Business Development Strategy: the Case of a Coffee Shop

This study aims to help a micro-small-medium enterprise (MSME), in this case Dakara Coffee, meet the requirements of HAS 23000. The identification carried out in this study was in the form of primary and secondary identification to apply the HAS Manual. The HAS Manual is designed based on the actual conditions of Dakara Coffee and contains 11 HAS criteria. The results showed that several identified food and beverage ingredients did not meet the HAS 23000 criteria and did not have supporting documents. Several improvements are then recommended such as replacing materials that do not comply with HAS 23000 and completing documents for food and beverage ingredients. Employing AHP method, the main priority for Dakara Coffee business development is location, followed by various other aspects such as halal management, branding strategy, product innovation, and organisational management.

An integrated design concept evaluation model based on interval valued picture fuzzy set and improved GRP method.

The objective of this research is to enhance the precision and efficiency of design concept assessments during the initial stages of new product creation. Design concept evaluation, which occurs at the end of the conceptual design phase, is a critical step in product development. The outcome of this evaluation significantly impacts the product's eventual success, as flawed design concepts are difficult to remedy in later stages. However, the evaluation of new product concepts is a procedure that encompasses elements of subjectivity and ambiguity. In order to deal with the problem, a novel decision-making method for choosing more logical new product concepts is introduced. Basically, the evaluation process is outlined in three main phases: the construction of evaluation index system for design concept alternatives, the calculation of weights for evaluation criteria and decision-makers, the selection of the best design concept alternatives. These stages are composed of a hybrid method based on kano model, multiplicative analytic hierarchy process (AHP) method, the entropy of IVPFS and improved grey relational projection (GRP) under interval-valued picture fuzzy set (IVPFS). The novel approach integrates the strength of interval-valued picture fuzzy number in handling vagueness, the advantage of multiplicative AHP and the merit of improved GRP method in modelling multi-criteria decision-making. In final, the effectiveness of the proposed model is validated through comparisons with other models. The potential applications of this study include but are not limited to product development, industrial design, and innovation management, providing decision-makers with a more accurate and comprehensive design concept evaluation tool.

Patagonia’s Substandard Brand Awareness in China

Patagonia has consistently employed marketing methods that deviate from conventional approaches. Nevertheless, its performance in the Chinese market has consistently fallen below expectations. The objective of this research is to examine the factors contributing to the limited recognition of Patagonia within the Chinese market. This study examines the diverse factors that exert influence on the level of brand awareness of Patagonia in the Chinese market. By doing a comprehensive analysis of several published papers and reports, one notable source being an article titled "Competitive Advantage through Product Performance Innovation in a Competitive Market" published in the Journal of Product Innovation Management, it has been identified that there exists a weakness in Patagonia's product innovation strategy as observed in its recent product launches. The study findings indicate that Patagonia's underwhelming success can be attributed to insufficient promotional techniques, uneven product innovation, and a dearth of distinctive brand identity. Furthermore, the strategic utilization of social media, collaborative partnerships with other brands, heightened allocation of resources towards research and development, innovative designs, improved product positioning, and a more explicit articulation of brand values serve to address the challenges that Patagonia encounters while entering the Chinese market. This study asserts that Patagonia's advancement in the Chinese market has been impeded by three primary factors: inadequate marketing techniques, limited product innovation, and a lack of a distinct brand identity. Therefore, in order to surmount these obstacles, it is imperative for Patagonia to adopt and execute the answers and recommendations outlined in this research.

MSME Development Strategy in Pekarungan village

Background. I carry out this community service in Pekarungan Village in Sukodono District, Sidoarjo Regency. Purpose. This village is one of 16 villages in Sukodono District which has the potential for the MSME sector which operates in various business sectors. Pekarungan Village has 225 MSMEs which have great potential to improve the community's economy. One of the potential areas of MSMEs in Pekarungan Village is the culinary center or MSMEs. Method. The method that I will use for this research is a qualitative method by processing primary and secondary data. Through this program, I want to advance and develop the MSME sector in Pekarungan village by implementing MSME development strategies. Results. Culinary in Pekarungan village is still facing several business development problems. These problems are related to ownership, capital and lack of knowledge about product innovation and financial management. Conclusion. GANEFA peanut brittle has its own unique taste with very unique topping variants. According to one buyer, this peanut brittle is different from the others in terms of packaging and this peanut brittle is good. So peanut brittle is one food that can increase the market price significantly if it has good packaging.

Research and Analysis on the Development Strategy of Investment Banking Business of Commercial Banks in China

Against the backdrop of the growing financial industry, the development of investment banking has become an inevitable trend for commercial banks, and certain results have been achieved so far. However, in recent years, there are some issues regarding the development of investment banking business operations in commercial banks identified in the study, such as insufficient product innovation and insufficient business risk management capability. This paper analyzes the environment using the "PEST" analysis. Finally, the development direction is summarized by sorting out the development status, problems and reasons, enhancing innovation capabilities and borrowing the power of fintech can all provide good ideas for commercial banks to develop their investment banking business. This paper can provide ideas for other commercial banks facing the problem of developing investment banking business.

РОЛЬ ИННОВАЦИЙ В СТРАТЕГИЧЕСКОМ УПРАВЛЕНИИ КОРПОРАТИВНОЙ ДЕЯТЕЛЬНОСТИ

This article examines the place of innovation in the management of corporate strategies. The key issues addressed by authors in this area are: strategic management of product, process, marketing and business model innovation; the benefits of innovation from e-organization perspectives; cause-and-effect relationships between strategy and innovation.

Developing a Sustainability Measurement for Innovation Performance for the Food Industry

While the significance of innovation management in sustaining competitiveness for businesses is widely recognized, there is an absence of research in the food industry regarding the measurement of sustainability outcomes resulting from innovation efforts. This research endeavors to construct a comprehensive measurement framework for assessing innovation performance. The primary objective is to examine the measures to evaluate the success the success of product innovation management concerning the sustainability objectives of organizations This study employs Confirmatory Factor Analysis (CFA) on an online survey of 354 Thai food manufacturers to investigate the robust evaluation of innovation performance in the food sector. The key findings reveal that the proposed measurement instrument for innovation management performance has been validated. All sustainability dimensions, including social, economic, and environmental sustainability, have been validated as the appropriate measurement for sustainability as a result of innovation management. The social aspect has the most influence, followed by the economic and environmental aspects. In conclusion, this study offers valuable insights for practitioners aiming to evaluate their innovation management practices by employing the developed measurement scale. By assessing and enhancing their innovation management approaches, organizations can strive for sustainability during dynamic environmental challenges and uncertainties.

Towards Evaluating the Robustness of the Open-Source Product Community under Multiple Attack Strategies

As an emerging product innovation model, open-source innovation has undergone rapid development in recent years. The sustainability and stability of the open-source product community (OSPC) is crucial for product innovation, and the effect that users have on the OSPC’s robustness is an important and closely scrutinized topic. This paper explores the robustness of the OSPC from the aspect of user knowledge contribution. We first construct an OSPC network and analyze its characteristics. An improved node evaluation method is then proposed to identify different types of knowledge contribution nodes. Further, seven node- and edge-based attack strategies are designed to simulate network robustness changes, with evaluation indicators being proposed for structural robustness and knowledge robustness. The results reveal that our proposed node evaluation method can effectively identify nodes of different knowledge contribution types. Additionally, the network is found to have different robustness performance when facing multiple deliberate attacks on three important knowledge contribution node types. Moreover, the network shows different robustness characteristics when facing deliberate attacks on betweenness and weight edges. Our findings can benefit product innovation and OSPC managers by enhancing the robustness of the OSPC network.

Analysis of Business Development for MSMEs In Bandung City

The Indonesian state after the Covid 19 pandemic, has not yet recovered until now the role of MSMEs is very necessary. This is because the potential of MSMEs is currently very large in absorbing labor, in connection with the contribution of MSMEs, the empowerment and development of MSMEs is something that needs to be done continuously. This study aims to determine the role of product innovation, product quality and financial management on the development of MSMEs after the Covid 19 pandemic. The research was conducted on MSMEs in Bandung City. Data collection was carried out on MSMEs using a questionnaire of as many as 100 MSME players in Bandung City. The collected data were analyzed using SPSS 25.0. From the results of data processing, it is found that Product Innovation, Product Quality and Financial Management partially affect the development of MSME businesses. And together Product Innovation, Product Quality and Financial Management have an effect on Business Development. This means that to carry out business development MSMEs must always make product innovations in the products they produce while maintaining the quality of the products produced. In addition, MSMEs must also carry out structured and correct financial management.

From Covid-19 to conflict: Does environmental regulation and green innovation improve industrial sector decarbonization efforts and environmental management?

During the COVID-19 period, industrial production was slowed or halted due to COVID restrictions and lockdowns, followed by global tensions and conflicts, which created uncertainties for industrial production. Similarly, during this period, the growth in carbon emissions was seen shrinking. However, it is greatly important to explore whether this shrinking trend will continue or whether a new growth pattern could emerge. Considering this, the research was carried out to investigate the relationship between green innovation initiatives and environmental regulations in the process of environmental management and environmental performance in the industrial sector. To do so, the survey-based research methodology using PLS-SEM was adopted, and data was gathered from 279 managers working in the equipment manufacturing industry. Our empirical findings revealed that environmental regulation and green innovation efforts strengthen decarbonization efforts, which further improve environmental management and environmental performance. The mediating role of decarbonization efforts was found to be prominent among green process innovation, environmental management and environmental performance. Moreover, decarbonization serves as a mediator between green product innovation and environmental management. In contrast, we could not verify that decarbonization mediates the relationship between green product innovation and environmental performance. The key findings are greatly important and provide a fresh roadmap for environmental management in the post-COVID era.

From the Editors: Engaging with generative artificial intelligence technologies in innovation management research—Some answers and more questions

Journal of Product Innovation ManagementEarly View EDITORIAL From the Editors: Engaging with generative artificial intelligence technologies in innovation management research—Some answers and more questions Jelena Spanjol, Corresponding Author Jelena Spanjol [email protected] Institute for Innovation Management, Ludwig-Maximilians-Universität (LMU) Munich, Munich, Germany Correspondence Jelena Spanjol, Institute for Innovation Management, Ludwig-Maximilians-Universität (LMU) Munich, Munich, Germany. Email: [email protected]Search for more papers by this authorCharles H. Noble, Charles H. Noble Department of Marketing, University of Tennessee Knoxville, Knoxville, Tennessee, USASearch for more papers by this author Jelena Spanjol, Corresponding Author Jelena Spanjol [email protected] Institute for Innovation Management, Ludwig-Maximilians-Universität (LMU) Munich, Munich, Germany Correspondence Jelena Spanjol, Institute for Innovation Management, Ludwig-Maximilians-Universität (LMU) Munich, Munich, Germany. Email: [email protected]Search for more papers by this authorCharles H. Noble, Charles H. Noble Department of Marketing, University of Tennessee Knoxville, Knoxville, Tennessee, USASearch for more papers by this author First published: 20 June 2023 https://doi.org/10.1111/jpim.12689Read the full textAboutPDF ToolsRequest permissionExport citationAdd to favoritesTrack citation ShareShare Give accessShare full text accessShare full-text accessPlease review our Terms and Conditions of Use and check box below to share full-text version of article.I have read and accept the Wiley Online Library Terms and Conditions of UseShareable LinkUse the link below to share a full-text version of this article with your friends and colleagues. Learn more.Copy URL REFERENCES Bouschery, S. G., V. Blazevic, and F. T. Piller. 2023. “Augmenting Human Innovation Teams with Artificial Intelligence: Exploring Transformer-Based Language Models.” Journal of Product Innovation Management 40(2): 139– 53. COPE (Committee on Publication Ethics). 2023. “Guest Editorial: The Challenge of AI Chatbots for Journal Editors.” February 23, 2023 https://publicationethics.org/news/challenge-ai-chatbots-journal-editors Kasneci, E., K. Seßler, S. Küchemann, M. Bannert, D. Dementieva, F. Fischer, Urs Gasser, et al. 2023. “ChatGPT for Good? On Opportunities and Challenges of Large Language Models for Education.” Learning and Individual Differences 103: 102274. Korneeva, E., T. O. Salge, T. Teubner, and D. Antons. 2023. “Tracing the Legitimacy of Artificial Intelligence: A Longitudinal Analysis of Media Discourse.” Technological Forecasting and Social Change 192: 122467. Noble, Charles H., and Jelena Spanjol. 2019. “Opening Thoughts from the New Editors.” Journal of Product Innovation Management 36(1): 2– 4. Peres, R., M. Schreier, D. Schweidel, and A. Sorescu. 2023. “On ChatGPT and beyond: How Generative Artificial Intelligence May Affect Research, Teaching, and Practice.” International Journal of Research in Marketing 40(2): 269–75. Roose, Kevin. 2023. “A.I. Poses ‘Risk of Extinction,’ Industry Leaders Warn.” The New York Times, May 30 2023 https://www.nytimes.com/2023/05/30/technology/ai-threat-warning.html Staiman, Avi. 2023. Academic Publishers Are Missing the Point on ChatGPT https://scholarlykitchen.sspnet.org/2023/03/31/guest-post-academic-publishers-are-missing-the-point-on-chatgpt/ Štiglic, Gregor, and Roger Watson. 2023. Guest editorial: the challenge of AI chatbots for journal editors https://publicationethics.org/news/challenge-ai-chatbots-journal-editors The Editors. 2023. “Editorial: Tools Such as ChatGPT Threaten Transparent Science; Here Are our Ground Rules for their Use.” Nature 613: 612. Early ViewOnline Version of Record before inclusion in an issue ReferencesRelatedInformation

POTENTIALS AND GOALS OF MODELS IN STRATEGIC PRODUCT PLANNING AND INNOVATION MANAGEMENT

AbstractNew trends and technologies in product creation increase complexity, but at the same time create new potentials such as efficiency rise in task processing by Artificial Intelligence. Established models in the early phase of product creation such as the W-model or the Aachener Innovation Management model, do not fully exploit these new potentials in the field of strategic product planning and innovation management (SPPIM). For this reason, existing models are analysed in SPPIM in order to derive a requirements profile consisting of potentials and goals for a new model. A new model in SPPIM lays the foundation to support companies in enabling a more efficient task fulfilment by taking advantage of new technologies and trends. To guide the development of advanced SPPIM models, the derived potentials and goals are applied to the guideline VDI 2220:1980.

Examining sharing economy operations: A process perspective

<scp>Examining sharing economy operations</scp>: A <scp>process perspective</scp>

Advances in the innovation of management: a bibliometric review

As the production model transforms from industrial manufacturing to a knowledge-based economy, management innovation becomes a strong driving force for economic growth and social development. This study examines academic findings on management innovation using the latest bibliometric methods and visualization tools based on papers published in top management journals in the Web of Science database from 2008 to 2022. (1) There are three main research hotspots. Through citation orientation, the research hotspots are business model innovation and environmental innovation; through outcome orientation, the research hotspot is knowledge innovation; and through intermediary orientation, the research hotspot is open innovation. (2) Regarding the distribution of major research institutions, seven institutions in the United States focus on innovation research and have a high impact. Six institutions in the United Kingdom focus on innovation research. Meanwhile, nine and three related institutions in Europe and Asia focus on innovation research, respectively. (3) Distribution of innovation articles in journals, Research Policy, Technovation, Journal of Product Innovation Management, and Industrial Marketing Management, contains the largest number of innovation research articles. Furthermore, this study examines new hot topics with time change and digital innovation. This paper provides the latest overview of innovation research in management and discusses the evolution and development of this field.