New Product Development Based on Knowledge Creation and Technology Education

New Product Development Based on Knowledge Creation and Technology Education

Author: 
Papoutsakis, Haris
Place: 
Hershey, PA
Publisher: 
IGI Global
Date published: 
2010
Record type: 
Editor: 
O'Brien, Emma
Source: 
Knowledge Management for Process, Organizational and Marketing Innovation
Abstract: 

The aim of this chapter is to investigate if and to what extend the process of New Product Development, today, is based on Knowledge Creation and Technology Education. The value chain and the way it allows the company to achieve and sustain competitive advantage is used, in this chapter, in a way that facilitates the exploration of the relationship between technology and competitive advantage. This is done under the competence-based perspective of the organization, where knowledge is the point of departure and the individual – in this case the industrial employee– the relevant unit of analysis. With knowledge and knowledge creation being the reference point, their influence on new products and on the product life cycle has been investigated. The significance of the technology education background of each individual has also been examined in an effort to determine whether there is a need to strengthen Technology Education in existing national curricula. Surveys collected from 486 employees, of 51 industrial companies in Spain, were analyzed in order to test our hypothesis. The results of this study support our main hypothesis and allow us to draw conclusions on the significance of the relationship under investigation.

Series: 
Advances in Knowledge Acquisition, Transfer, and Management

CITATION: Papoutsakis, Haris. New Product Development Based on Knowledge Creation and Technology Education edited by O'Brien, Emma . Hershey, PA : IGI Global , 2010. Knowledge Management for Process, Organizational and Marketing Innovation - Available at: https://library.au.int/new-product-development-based-knowledge-creation-and-technology-education