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Impact of the Synergy between Technology Management and Technological Capability on New Product Development: A System Dynamics Approach

  • Qian Ma
  • , Weiwei Wu
  • , Yexin Liu*
  • , Zhou Liang
  • , Lingzhi Kou
  • *Corresponding author for this work
  • School of Management, Harbin Institute of Technology
  • Beijing Institute of Aerospace Information
  • School of Economics and Management, Harbin Institute of Technology Weihai

Research output: Contribution to journalArticlepeer-review

Abstract

This paper employs system dynamics to explore how the synergy between technology management and technological capability affects new product development. The results show that the synergy between technology management and technological capability has positive impact on new product development. Moreover, the leading synergy processes between technology management and technological capability in different new product development stages are different. This paper deepens the theoretical understanding of how to achieve new product development, and also provides useful guidance for firms to implement new product development.

Original languageEnglish
Pages (from-to)105-119
Number of pages15
JournalJournal of Systems Engineering and Electronics
Volume33
Issue number1
DOIs
StatePublished - 1 Feb 2022
Externally publishedYes

Keywords

  • new product development
  • system dynamics
  • technological capability
  • technology management

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