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作者:Choo, Adrian S.
作者单位:University System of Georgia; Georgia State University
摘要:This study examines how time spent in problem definition affects problem solving in projects such as Six Sigma projects. Our hypotheses are tested using data collected from 1558 Six Sigma projects in a company. The results show evidence of a U-shaped relationship between the amount of time spent in the Define phase and project duration. This finding suggests that spending too little time on problem definition potentially causes poor problem formulation, which leads to deficient problem solving...
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作者:Sosa, Manuel E.
作者单位:INSEAD Business School
摘要:Design rework is a core phenomenon in new product development (NPD). Yet carrying out design rework presupposes recognizing the need for it. I characterize the types of interpersonal knowledge transfer that help developers realize the need for design rework in NPD. As predicted by the NPD literature, I find that individuals who interact frequently with colleagues to address their task interdependences are more likely to realize the need for rework. I also learn that interacting with colleagues...
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作者:Savva, Nicos; Scholtes, Stefan
作者单位:University of London; London Business School; University of Cambridge
摘要:We study three contractual arrangements-co-development, licensing, and co-development with opt-out options-for the joint development of new products between a small and financially constrained innovator firm and a large technology company, as in the case of a biotech innovator and a major pharma company. We formulate our arguments in the context of a two-stage model, characterized by technical risk and stochastically changing cost and revenue projections. The model captures the main disadvanta...
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作者:Chao, Raul O.; Lichtendahl, Kenneth C., Jr.; Grushka-Cockayne, Yael
作者单位:University of Virginia
摘要:Many large organizations use a stage-gate process to manage new product development projects. In a typical stage-gate process project managers learn about potential ideas from research and exert effort in development while senior executives make intervening go/no-go decisions. This decentralized decision making results in an agency problem because the idea quality in early stages is unknown to the executive and the project manager must exert unobservable development effort in later stages. In ...
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作者:Hutchison-Krupat, Jeremy; Chao, Raul O.
作者单位:University of Virginia
摘要:Most organizations employ collaborative teams to manage innovation projects. Although the use of collaborative innovation teams is a good starting point, an organization's ability to innovate can be enhanced by managing risk-taking behavior through monetary incentive schemes and through an organizational culture that tolerates failure. This article reports the results of two controlled experiments aimed at understanding how tolerance for failure and incentives impact the decisions of individua...