CUED Publications database

Exploring an effective model of new product development in medical devices: A knowledge cluster approach

Kuo, Y-S and Kuo, T-K and Lu, H-P and Minshall, T (2013) Exploring an effective model of new product development in medical devices: A knowledge cluster approach. International Journal of Technology Management, 63. pp. 295-312. ISSN 0267-5730

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Abstract

This study proposes a new product development (NPD) model that aims to improve the effectiveness of innovative NPD in the medical devices. By adopting open innovation theory and applying an in-depth investigation methodology, this paper proposes a knowledge cluster that improves the integration of interdisciplinary human resources and enhances the acquirement of innovative technologies. A knowledge cluster approach helps gather, organise, synthesise, and accumulate knowledge in order to become the impetus for innovation. Although enterprises are no longer the principals of research and development, they should still be capable of integrating professional physicians, external groups, and individuals through the knowledge cluster platform. However, in order to support an effective NPD model, enterprises should provide adequate incentives and trust to external individuals or groups willing to contribute their expertise and knowledge to this knowledge cluster platform. Copyright © 2013 Inderscience Enterprises Ltd.

Item Type: Article
Uncontrolled Keywords: Closed innovation Intellectual property IP Knowledge cluster New product development NPD Open innovation R&D Research and development
Subjects: UNSPECIFIED
Divisions: Div E > Strategy and Policy
Depositing User: Cron Job
Date Deposited: 07 Mar 2014 11:45
Last Modified: 08 Dec 2014 02:17
DOI: 10.1504/IJTM.2013.056902