IDEAS home Printed from https://ideas.repec.org/a/spr/endesu/v23y2021i12d10.1007_s10668-021-01470-5.html
   My bibliography  Save this article

Analysis of new product development between product innovation and product financial performance assessment: a case of Doosheh Dairy Company

Author

Listed:
  • Hadi Gholizadeh

    (Mazandaran University of Science and Technology)

  • Hamed Fazlollahtabar

    (Damghan University)

Abstract

Recent supply and innovation literature emphasizes the importance of foreign participation in product development. Based on this work flow, this study distinguishes four novel interagency new product development strategies (NPDs) based on two dimensions: the external source “supply chain supplies [SCS] and non-supply chain resources (NSCS)” and the form of interaction (united and purchasing). Using theoretical arguments from a knowledge-based perspective, we compare the effects of these four strategies on product innovation and product financial performance. Therefore, multi-criteria decision-making models are used to find the best inter-organizational strategy for developing a new product conducting a case study. The results indicate that some strategies are more effective to enhance product innovation, while others are more effective in improving product financial performance. In addition, this study shows that there is no distinction between the supply chain and the supply chain effects on product innovation. We also show that interdependence of technology plays an important role in increasing the positive relationship between product innovation and product financial performance. In general, the study suggests that companies need to carefully design their interagency NPD strategies with the various needs of innovation projects.

Suggested Citation

  • Hadi Gholizadeh & Hamed Fazlollahtabar, 2021. "Analysis of new product development between product innovation and product financial performance assessment: a case of Doosheh Dairy Company," Environment, Development and Sustainability: A Multidisciplinary Approach to the Theory and Practice of Sustainable Development, Springer, vol. 23(12), pages 18556-18581, December.
    • Handle: RePEc:spr:endesu:v:23:y:2021:i:12:d:10.1007_s10668-021-01470-5
    DOI: 10.1007/s10668-021-01470-5
    as

    Download full text from publisher

    File URL: http://link.springer.com/10.1007/s10668-021-01470-5
    File Function: Abstract
    Download Restriction: Access to the full text of the articles in this series is restricted.
    File URL: https://libkey.io/10.1007/s10668-021-01470-5?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. Atul Nerkar & Peter W. Roberts, 2004. "Technological and product‐market experience and the success of new product introductions in the pharmaceutical industry," Strategic Management Journal, Wiley Blackwell, vol. 25(8‐9), pages 779-799, August.
    2. Mata, José & Woerter, Martin, 2013. "Risky innovation: The impact of internal and external R&D strategies upon the distribution of returns," Research Policy, Elsevier, vol. 42(2), pages 495-501.
    3. Yanfeng Zheng & Haibin Yang, 2015. "Does Familiarity Foster Innovation? The Impact of Alliance Partner Repeatedness on Breakthrough Innovations," Journal of Management Studies, Wiley Blackwell, vol. 52(2), pages 213-230, March.
    4. Xu, Lei & Mathiyazhagan, K. & Govindan, Kannan & Noorul Haq, A. & Ramachandran, Navneet Vyas & Ashokkumar, Avinash, 2013. "Multiple comparative studies of Green Supply Chain Management: Pressures analysis," Resources, Conservation & Recycling, Elsevier, vol. 78(C), pages 26-35.
    5. Xie, Xuemei & Huo, Jiage & Zou, Hailiang, 2019. "Green process innovation, green product innovation, and corporate financial performance: A content analysis method," Journal of Business Research, Elsevier, vol. 101(C), pages 697-706.
    6. R. Rajesh & Chandrasekharan Rajendran, 2020. "Relating Environmental, Social, and Governance scores and sustainability performances of firms: An empirical analysis," Business Strategy and the Environment, Wiley Blackwell, vol. 29(3), pages 1247-1267, March.
    7. Govindan, Kannan & Gholizadeh, Hadi, 2021. "Robust network design for sustainable-resilient reverse logistics network using big data: A case study of end-of-life vehicles," Transportation Research Part E: Logistics and Transportation Review, Elsevier, vol. 149(C).
    8. Oliveira, Gilson Adamczuk & Tan, Kim Hua & Guedes, Bruno Turmina, 2018. "Lean and green approach: An evaluation tool for new product development focused on small and medium enterprises," International Journal of Production Economics, Elsevier, vol. 205(C), pages 62-73.
    9. Yan, Tingting & Azadegan, Arash, 2017. "Comparing inter-organizational new product development strategies: Buy or ally; Supply-chain or non-supply-chain partners?," International Journal of Production Economics, Elsevier, vol. 183(PA), pages 21-38.
    10. P.L. Biju & P.R. Shalij & G.V. Prabhushankar, 2017. "An evaluation tool for sustainable new product development using analytic hierarchy process approach," International Journal of Innovation and Sustainable Development, Inderscience Enterprises Ltd, vol. 11(4), pages 393-413.
    11. David Xiaosong Peng & Gregory R. Heim & Debasish N. Mallick, 2014. "Collaborative Product Development: The Effect of Project Complexity on the Use of Information Technology Tools and New Product Development Practices," Production and Operations Management, Production and Operations Management Society, vol. 23(8), pages 1421-1438, August.
    12. He, Yuanqiong & Keung Lai, Kin & Sun, Hongyi & Chen, Yun, 2014. "The impact of supplier integration on customer integration and new product performance: The mediating role of manufacturing flexibility under trust theory," International Journal of Production Economics, Elsevier, vol. 147(PB), pages 260-270.
    13. Sarkis, Joseph & Zhu, Qinghua & Lai, Kee-hung, 2011. "An organizational theoretic review of green supply chain management literature," International Journal of Production Economics, Elsevier, vol. 130(1), pages 1-15, March.
    14. Govindan, Kannan & Kaliyan, Mathiyazhagan & Kannan, Devika & Haq, A.N., 2014. "Barriers analysis for green supply chain management implementation in Indian industries using analytic hierarchy process," International Journal of Production Economics, Elsevier, vol. 147(PB), pages 555-568.
    15. Janeiro, Pedro & Proença, Isabel & Gonçalves, Vítor da Conceição, 2013. "Open innovation: Factors explaining universities as service firm innovation sources," Journal of Business Research, Elsevier, vol. 66(10), pages 2017-2023.
    16. Yang, Jie & Yu, Guangsheng & Liu, Mingyu & Rui, Mingjie, 2016. "Improving learning alliance performance for manufacturers: Does knowledge sharing matter?," International Journal of Production Economics, Elsevier, vol. 171(P2), pages 301-308.
    17. Rajesh, R., 2020. "Sustainable supply chains in the Indian context: An integrative decision-making model," Technology in Society, Elsevier, vol. 61(C).
    18. Peres, Renana & Muller, Eitan & Mahajan, Vijay, 2010. "Innovation diffusion and new product growth models: A critical review and research directions," International Journal of Research in Marketing, Elsevier, vol. 27(2), pages 91-106.
    19. Anshuman Tripathy & Steven D. Eppinger, 2013. "Structuring Work Distribution for Global Product Development Organizations," Production and Operations Management, Production and Operations Management Society, vol. 22(6), pages 1557-1575, November.
    20. Rezaei, Jafar, 2015. "Best-worst multi-criteria decision-making method," Omega, Elsevier, vol. 53(C), pages 49-57.
    21. Zhihong Wang & Joseph Sarkis, 2013. "Investigating the relationship of sustainable supply chain management with corporate financial performance," International Journal of Productivity and Performance Management, Emerald Group Publishing Limited, vol. 62(8), pages 871-888, October.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Sariyer, Gorkem & Kumar Mangla, Sachin & Chowdhury, Soumyadeb & Erkan Sozen, Mert & Kazancoglu, Yigit, 2024. "Predictive and prescriptive analytics for ESG performance evaluation: A case of Fortune 500 companies," Journal of Business Research, Elsevier, vol. 181(C).

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Yan, Tingting & Azadegan, Arash, 2017. "Comparing inter-organizational new product development strategies: Buy or ally; Supply-chain or non-supply-chain partners?," International Journal of Production Economics, Elsevier, vol. 183(PA), pages 21-38.
    2. Luthra, Sunil & Garg, Dixit & Haleem, Abid, 2015. "An analysis of interactions among critical success factors to implement green supply chain management towards sustainability: An Indian perspective," Resources Policy, Elsevier, vol. 46(P1), pages 37-50.
    3. Abdullah Al-Swidi & Redhwan Mohammed Saleh, 2021. "How green our future would be? An investigation of the determinants of green purchasing behavior of young citizens in a developing Country," Environment, Development and Sustainability: A Multidisciplinary Approach to the Theory and Practice of Sustainable Development, Springer, vol. 23(9), pages 13436-13468, September.
    4. Alda Yoshi Uemura Reche & Osiris Canciglieri Junior & Anderson Luis Szejka & Marcelo Rudek, 2022. "Proposal for a Preliminary Model of Integrated Product Development Process Oriented by Green Supply Chain Management," Sustainability, MDPI, vol. 14(4), pages 1-27, February.
    5. Ana Labella-Fernández & M. Mar Serrano-Arcos & Belén Payán-Sánchez, 2021. "Firm Growth as a Driver of Sustainable Product Innovation: Mediation and Moderation Analysis. Evidence from Manufacturing Firms," IJERPH, MDPI, vol. 18(5), pages 1-22, March.
    6. Bressanelli, Gianmarco & Visintin, Filippo & Saccani, Nicola, 2022. "Circular Economy and the evolution of industrial districts: a supply chain perspective," International Journal of Production Economics, Elsevier, vol. 243(C).
    7. Seyyed-Mahdi Hosseini-Motlagh & Mona Jazinaninejad & Nazanin Nami, 2022. "Coordinating a socially concerned reverse supply chain for pharmaceutical waste management considering government role," Environment, Development and Sustainability: A Multidisciplinary Approach to the Theory and Practice of Sustainable Development, Springer, vol. 24(2), pages 1852-1877, February.
    8. Vivek Agrawal & Rajendra P. Mohanty & Sucheta Agarwal & Jitendra Kumar Dixit & Anand M. Agrawal, 2023. "Analyzing critical success factors for sustainable green supply chain management," Environment, Development and Sustainability: A Multidisciplinary Approach to the Theory and Practice of Sustainable Development, Springer, vol. 25(8), pages 8233-8258, August.
    9. Giang N. T. Nguyen & Tapan Sarker, 2018. "Sustainable coffee supply chain management: a case study in Buon Me Thuot City, Daklak, Vietnam," International Journal of Corporate Social Responsibility, Springer, vol. 3(1), pages 1-17, December.
    10. Miao Su & Su‐Han Woo & Xiaochun Chen & Keun‐sik Park, 2023. "Identifying critical success factors for the agri‐food cold chain's sustainable development: When the strategy system comes into play," Business Strategy and the Environment, Wiley Blackwell, vol. 32(1), pages 444-461, January.
    11. Dev, Navin K. & Shankar, Ravi & Swami, Sanjeev, 2020. "Diffusion of green products in industry 4.0: Reverse logistics issues during design of inventory and production planning system," International Journal of Production Economics, Elsevier, vol. 223(C).
    12. Małgorzata Ćwil & Witold Bartnik & Sebastian Jarzębowski, 2021. "Railway Vehicle Energy Efficiency as a Key Factor in Creating Sustainable Transportation Systems," Energies, MDPI, vol. 14(16), pages 1-14, August.
    13. Vineet Kaushik & Ashwani Kumar & Himanshu Gupta & Gaurav Dixit, 2022. "Modelling and prioritizing the factors for online apparel return using BWM approach," Electronic Commerce Research, Springer, vol. 22(3), pages 843-873, September.
    14. Yiğit Kazançoğlu & Muhittin Sağnak & Çisem Lafcı & Sunil Luthra & Anil Kumar & Caner Taçoğlu, 2021. "Big Data-Enabled Solutions Framework to Overcoming the Barriers to Circular Economy Initiatives in Healthcare Sector," IJERPH, MDPI, vol. 18(14), pages 1-21, July.
    15. Blanka Tundys & Tomasz Wiśniewski, 2018. "The Selected Method and Tools for Performance Measurement in the Green Supply Chain—Survey Analysis in Poland," Sustainability, MDPI, vol. 10(2), pages 1-26, February.
    16. K. E. K. Vimal & Jayakrishna Kandasamy & Angel Acevedo Duque, 2021. "Integrating sustainability and remanufacturing strategies by remanufacturing quality function deployment (RQFD)," Environment, Development and Sustainability: A Multidisciplinary Approach to the Theory and Practice of Sustainable Development, Springer, vol. 23(9), pages 14090-14122, September.
    17. Sung Tae Kim & Hong-Hee Lee & Seongbae Lim, 2021. "The Effects of Green SCM Implementation on Business Performance in SMEs: A Longitudinal Study in Electronics Industry," Sustainability, MDPI, vol. 13(21), pages 1-23, October.
    18. Hisham Alidrisi, 2021. "Measuring the Environmental Maturity of the Supply Chain Finance: A Big Data-Based Multi-Criteria Perspective," Logistics, MDPI, vol. 5(2), pages 1-24, April.
    19. Wu, Kuo-Jui & Liao, Ching-Jong & Tseng, Ming-Lang & Chiu, Anthony S.F., 2015. "Exploring decisive factors in green supply chain practices under uncertainty," International Journal of Production Economics, Elsevier, vol. 159(C), pages 147-157.
    20. Samad, Sarminah & Nilashi, Mehrbakhsh & Almulihi, Ahmed & Alrizq, Mesfer & Alghamdi, Abdullah & Mohd, Saidatulakmal & Ahmadi, Hossein & Syed Azhar, Sharifah Nurlaili Farhana, 2021. "Green Supply Chain Management practices and impact on firm performance: The moderating effect of collaborative capability," Technology in Society, Elsevier, vol. 67(C).

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:spr:endesu:v:23:y:2021:i:12:d:10.1007_s10668-021-01470-5. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.springer.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.