Keywords: new product development processes, innovation, time compression, grounded theory, technological determinism, social choice, SMEs
The process of innovation in small manufacturing firms
Time compression new product development processes (NPDP) are viewed as the current best practice models for NPDP. We describe the concepts that are inherent in these models and consider their efficacy with respect to small and medium sized enterprises (SMEs). We present preliminary data from a grounded theoretical study of the NPDP in six SMEs. This indicates that these organisations use NPDPs differently to those in the literature.