New product development
From The Art and Popular Culture Encyclopedia
|
Related e |
|
Featured: |
In business and engineering, new product development (NPD) covers the complete process of bringing a new product to market, renewing an existing product or introducing a product in a new market. A central aspect of NPD is product design, along with various business considerations. New product development is described broadly as the transformation of a market opportunity into a product available for sale.
[edit]
Related fields
[edit]
See also
- Choice modelling
- Commercialization
- Conceptual economy
- Innovation
- Market penetration
- Open innovation
- Pro-innovation bias
- Product lifecycle
- Requirements management
- Social design
- Soft launch
Unless indicated otherwise, the text in this article is either based on Wikipedia article "New product development" or another language Wikipedia page thereof used under the terms of the GNU Free Documentation License; or on research by Jahsonic and friends. See Art and Popular Culture's copyright notice.
