Abstract
The literature on new product development is replete with studies on new product performance and success. But there is not yet a coherent theoretical framework for understanding strategies for increasing new product adoption in uncertain environments. This conceptual paper reviews the findings about new product performance in the literature and conceptualizes a framework and its related propositions for improving new product adoption. The proposed framework integrates the concept of continuous learning to market orientation to enhance upgrading of capabilities for new product development and extensive communications in uncertain environments. It is also suggested that customer commitment offers a new theoretical insight for improving new product adoption from trust in product-user interface and cooperation with internal and external customers in the new product development process. Furthermore, customer commitment provides a long-term perspective for effective targeting of customers that differentiates low and high commitment customers.
| Original language | English |
|---|---|
| Pages (from-to) | 275-282 |
| Number of pages | 8 |
| Journal | Industrial Marketing Management |
| Volume | 38 |
| Issue number | 3 |
| DOIs | |
| State | Published - Apr 2009 |
| Externally published | Yes |
Keywords
- New product adoption
- Strategies
- Uncertain environments
ASJC Scopus subject areas
- Marketing
Fingerprint
Dive into the research topics of 'Strategies for improving new product adoption in uncertain environments: A selective review of the literature'. Together they form a unique fingerprint.Cite this
- APA
- Author
- BIBTEX
- Harvard
- Standard
- RIS
- Vancouver