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A research agenda to reduce risk in new product development through knowledge management: a practitioner perspective

Journal of Engineering and Technology ManagementPublished 7 April 2003
Lynne P. Cooper
Citations241
SJR quartileQ1
SJR score0.86
SNIP1.30

Abstract

Successful new product development (NPD) requires effective strategies for reducing risk. Knowledge management systems (KMS) have the potential to aid in risk reduction, e.g. by gathering and processing relevant information and encapsulated knowledge from a variety of internal and external sources. The potential benefits of KMS, however, have not been fully realized, and may actually introduce new risks. This paper presents a practioner view of the desired characteristics of tools to support NPD and suggests a research agenda for the use of knowledge-based tools from the perspective of balancing benefits and risks.

Keywords

Social SciencesBusiness, Management and AccountingComputer Science