NDLI: Innovation processes within the healthcare industry: determining critical success factors aligned to product strategies

Content Provider	IEEE Xplore Digital Library
Author	Wilson, S. Probert, D.R.
Copyright Year	2001
Description	Author affiliation: Inst. for Manuf., Univ. of Cambridge, UK (Wilson, S.)
Abstract	Modern day healthcare companies are becoming increasingly circumspect with regards to providing sufficient levels of R&D investment that will enable the continuous introduction of new products to the marketplace. Hence many firms deliberately pursue product strategies that can be viewed as "late entrant", as opposed to "pioneering", to avoid the risks and costs associated with breakthrough products. With this in mind, this paper attempts to illustrate the impact of differing product strategies on product innovation processes pursued by healthcare firms. Two in-depth case studies with healthcare firms were carried out and a set of innovation success factors has since emerged for both pioneers and late entrants. These factors were originally grouped together on a framework developed from literature that was subsequently tested empirically. The findings from the study are far from conclusive and need to be treated with some caution. However there seems to be some evidence that in defining themselves as pioneers or late entrants, firms (in some cases unknowingly) are also defining the processes they use for innovation.
Starting Page	133
Ending Page	138
File Size	520775
Page Count	6
File Format	PDF
ISBN	1890843067
DOI	10.1109/PICMET.2001.952013
Language	English
Publisher	Institute of Electrical and Electronics Engineers, Inc. (IEEE)
Publisher Date	2001-07-29
Publisher Place	USA
Access Restriction	Subscribed
Rights Holder	Portland Int. Conf. on Management of Eng. And Tech
Subject Keyword	Technological innovation Medical services Research and development Costs Portfolios Manufacturing industries Manufacturing processes Investments Testing Pharmaceuticals
Content Type	Text
Resource Type	Article

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