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1
Töpfer, Armin. "New products—Cutting the time to market." Long Range Planning 28, no. 2 (1995): 61–78. http://dx.doi.org/10.1016/0024-6301(95)98590-o.
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STOCK, GREGORY, NOEL GREIS, and WILLIAM FISCHER. "ORGANISATIONAL SLACK AND NEW PRODUCT TIME TO MARKET PERFORMANCE." International Journal of Innovation Management 22, no. 04 (2018): 1850034. http://dx.doi.org/10.1142/s1363919618500342.
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Using archival data from two different industries, this paper examines the relationship between organisational slack and new product time to market performance. Prior research has shown that there is a relationship between slack and performance, but this prior research has primarily considered slack as it relates to financial performance or the innovativeness of a firm or its products. In this paper, using data from the computer modem and video game industries across more than 40 years, we test the hypotheses relating organisational slack time to market performance for new products. Cox regression analysis in general supports the hypothesised relationships, although there are some differences in the exact nature of the relationship across the two industries. We conclude by discussing the implications of these results for research and practice.
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Sharma, Bed Nath. "Determinants of Competitor’s Response Time to the New Product in the Market of Nepal." Journal of Nepalese Business Studies 2, no. 1 (2007): 33–40. http://dx.doi.org/10.3126/jnbs.v2i1.52.
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This study is concerned with competitor’s response time determinants to a new consumer product in Nepalese market. Products are in high competitive situation. New–to-the-world product is facing more competition complexities. Channels, market research, sales force and public opinions are the main source to get the market information of new products. Consultant’s service is main helping hand to increase competitive strength. Financial and non-financial measures are applied to increase the competitive ability. Both qualitative and quantitative methods are in use to measure competitiveness of new products. The competitor’s response time to most of the new products is less than six months after commercialization. Types of users are also in focus while developing the new products. Cutthroat competition is emerging in the market and firms are not able to defend fairly.
 
 Journal of Nepalese Business Studies Vol.2(1) 2005 pp.33-40
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Berkutova, T. A., S. S. Golubev, A. V. Makhova, and B. A. Kovtun. "The Relevance of Using Market Competencies in the Process of Diversification of Defense Industry Enterprises." Intellekt. Sist. Proizv. 19, no. 4 (2021): 55–60. http://dx.doi.org/10.22213/2410-9304-2021-4-55-60.
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The paper presents an overview of the problems faced by the enterprise of the military-industrial complex in the process of diversification when identifying market needs, searching for directions and opportunities for the promotion and sale of civilian and dual-use products. One of the key constraining factors of diversification is the lack of market competencies of the personnel of defense industry enterprises. In the current conditions, the skills of market segmentation and positioning of goods and enterprises, management of trademarks and brands, creation of intangible market assets, formation of business partnerships that allow entering the markets with competitive goods in a short time, ensuring the flexibility of enterprises and reducing the time to enter the markets of civil products become relevant. The condition for the successful implementation of the diversification strategy is the formation of market competencies: strategic analysis and market research, product portfolio management, the formation of product, price, service policy, the implementation of competitive strategies, the development of marketing services: the creation of divisions focused on working with the markets of civil and dual-use products, the development of new functionality for marketers, ensuring the interaction of production, technological and marketing services within the framework of meeting market needs. The development of market competencies will make it possible to realize the production and technological advantages of defense industry enterprises in the process of diversification and ensure: access to new markets for civil and dual-use products; targeted actions in existing markets; increasing the competitiveness of civil and dual-use products and defense industry enterprises in the markets; increasing the degree of adaptability and mobility of defense industry enterprises in the markets of civil and dual-use products to environmental conditions, reducing the response time to market requirements; solving socio-economic problems through broad integration with the high-tech civilian sector of industry.
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Bas, Tomas Gabriel. "Dual Market(ing) in “Bio-Engineering High Technology” New Products." International Journal of Measurement Technologies and Instrumentation Engineering 3, no. 2 (2013): 63–74. http://dx.doi.org/10.4018/ijmtie.2013040104.
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Developing and launch new products for new markets is risky and doubtful, and more often leads to confusion or even to fail. In the case of “bio-engineering high technology” is not suitable use the traditional marketing because the costs of R&D and time for innovation are much higher and therefore more risky and uncertain. For high technology in general, is more appropriate employ the event known as dual-market(ing). This phenomenon analyze the early phase cycle of the product and the later phase cycle of the product like a dual episode. This aspect shows the early market and the late market that adopt very different ways in the context. Bio-engineering high technology, with a strong component of technological knowledge and innovation, reference not to an industry, but rather a set of applications of intricate characteristics, which represents a particular challenge and risk. For this reason, through the comprehension of a dual market(ing) are essential to maximize the success in early and later cycle life of bio-engineering high technology products.
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Vaičiūtė, Ieva. "LAUNCHING INNOVATIVE COSMETICS PRODUCTS TO LITHUANIAN MARKET." Mokslas - Lietuvos ateitis 13 (March 17, 2021): 1–8. http://dx.doi.org/10.3846/mla.2021.14251.
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In this global marketplace, as products supply grow, product life cycles are shortened and consumer loyalty is declining. It is more important than ever for companies to bring new products to market in less time and periodically. This article examines the Lithuanian cosmetics industry and what difficulties a company face when introducing a new product to the market. The cosmetics industry in Lithuania is reviewed and the product development process is analyzed. Identify the factors of a successful product and the relationship between them. The paper presents the results of the surveyed companies involved in the development of cosmetics industry products. The reasons and key factors influencing product success are identified. Based on the results of the study, a model for the development of new products for the cosmetics industry is presented and conclusions and suggestions are presented.
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Wang Zhengxin. "Grey Time-delayed Verhulst Model for Forecasting the Market Diffusion of New Products." INTERNATIONAL JOURNAL ON Advances in Information Sciences and Service Sciences 5, no. 7 (2013): 445–52. http://dx.doi.org/10.4156/aiss.vol5.issue7.52.
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Schoonhoven, Claudia Bird, Kathleen M. Eisenhardt, and Katherine Lyman. "Speeding Products to Market: Waiting Time to First Product Introduction in New Firms." Administrative Science Quarterly 35, no. 1 (1990): 177. http://dx.doi.org/10.2307/2393555.
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Henard, David H., and David M. Szymanski. "Why Some New Products are More Successful than Others." Journal of Marketing Research 38, no. 3 (2001): 362–75. http://dx.doi.org/10.1509/jmkr.38.3.362.18861.
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Product innovation is increasingly valued as a key component of the sustainable success of a business's operations. As a result, there has been a noticeable increase in the number of studies directed at explicating the drivers of new product success. To help managers and researchers synthesize this growing body of evidence, the authors conduct a meta-analysis of the new product performance literature. Of the 24 predictors of new product performance investigated, product advantage, market potential, meeting customer needs, predevelopment task proficiencies, and dedicated resources, on average, have the most significant impact on new product performance. The authors also find that the predictor–performance relationships can vary by measurement factor (e.g., the use of multi-item scales, subjective versus objective measures of performance, senior versus project management reporting, time elapsed since product introduction) or contextual factor (e.g., services versus goods, Asian versus North American markets, competition in high-technology versus low-technology markets). They discuss the implications of these findings and offer directions for further research.
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Szabó, Krisztián. "Ramp-up Process Improvement Practices for Time-to-Market Reduction." Periodica Polytechnica Social and Management Sciences 26, no. 1 (2018): 19. http://dx.doi.org/10.3311/ppso.9159.
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The importance of the “Ramp-up bridge” covering the gap between product development and serial production, as well as the speed at which this bridge can be crossed, has increased, providing companies with a significant competitive advantage.However, a significant percentage of project aiming to introduce new products do not achieve their goals. [(60 percent of the automotive supplier ramp-up projects fail on either the technical, or the economic side (Bischoff, 2007)].The author explores the possible reasons, then makes suggestions regarding the support of successful ramp-up projects, through practical examples taken from the industry. Through the continuous improvement of ramp-ups, a new core competency can be achieved, with a decrease in time-to-market. This core competency is difficult to duplicate, and can provide an additional competitive advantage for companies manufacturing products with high technical complexity.
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Iskyanderova, T. A. "TECHNOLOGIES FOR DEVELOPING NEW TYPES OF PRODUCTS." Vestnik of the Russian University of Cooperation, no. 3(45) (October 10, 2021): 18–23. http://dx.doi.org/10.52623/2227-4383-3-45-4.
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The article analyzes domestic and foreign approaches to determining the essence of «new production», «advanced production», «breakthrough production» technologies, analyzes the development and structure of advanced production technologies in Russia and in the Vladimir region for the period 2000– 2015. The question is raised about innovative production technologies representing a set of development and production processes at the current technological level with varying degrees of complexity of goods individualized for a specific consumer. It is concluded that they should include advanced marketing technologies. The philosophy of Agile methods is revealed, as well as criteria for its similarities and differences with the author's methodology for developing new products, which allows accurately transferring customer requirements into technical solutions of the product. The methodology is based on a structural approach to combining the customer's presentation with the development of a new product called the Quality House, or QFD (Quality function deployment). This approach will make it possible to make informed decisions in the production quality management system. At the same time, it will be possible to avoid numerous market failures and adapt the innovation to the needs of consumers after its appearance on the market, as well as at the same time guarantee a relatively low cost and high value of the product by minimizing out-of-production costs.
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DE GROSBOIS, DANUTA, UMA KUMAR, and VINOD KUMAR. "INTERNET-BASED TECHNOLOGY USE AND NEW PRODUCT TIME-TO-MARKET: THE MODERATING EFFECT OF PRODUCT INNOVATIVENESS." International Journal of Innovation Management 14, no. 05 (2010): 915–46. http://dx.doi.org/10.1142/s1363919610002933.
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The aim of this study is to investigate the impact of Internet-based technology (IBT) use during a new product development (NPD) project on new product time-to-market. It is hypothesized that (1) IBT use has a positive impact on new product time-to-market (2) this impact is both direct and indirect (3) the indirect impact of IBT use on product time-to-market is achieved through improvement of communication quality, effectiveness of team learning and level of team integration (4) the strength of these relationships is moderated by the product innovativeness. In order to test the hypotheses, data from 278 NPD projects conducted by Canadian and American manufacturing companies were collected and analyzed. IBT use was found to be a significant contributor to communication quality, effectiveness of team learning, level of team integration and new product time-to-market. Additionally, the results indicate that the relationships are stronger for projects developing highly innovative products as opposed to less innovative products.
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Guirguis, Hany, Richard Lipton, Stephanie Seremetis, et al. "The Upward Spiral of Drug Costs: A Time Series Analysis of Drugs Used in the Treatment of Hemophilia." Thrombosis and Haemostasis 88, no. 10 (2002): 545–53. http://dx.doi.org/10.1055/s-0037-1613255.
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SummaryHemophilia is an expensive disease because its treatment is heavily dependent on costly clotting factor drugs. Over the last nine years, a consortium of three Comprehensive Hemophilia Treatment Centers and other hospitals, which purchased clotting factors for their patients, has seen treatment costs escalate on average 17% annually. Currently, new, even more expensive drugs are entering the market.This study analyzes 3,244 purchases that were made over a nine-year period totaling nearly 500 million units of clotting factor, representing every product on the market. Purchases were made both apart from and under the Federal Public Health Service (PHS) discount pricing rules.The main cause of the increases was the move to newer, more expensive products. The average price of existing products increased less than 2% per year, but new products were priced, on average, 47% higher than existing products. Overall consumption increased by an average of 5% per year, likely reflecting prophylactic treatment modalities that require greater amounts of clotting factor. Government pricing programs, such as the PHS program, were ineffective or counterproductive at reducing costs.There is a notable absence of competition in this market, with a few dominant companies having a functional monopoly in the largest segments of the market. Prices of older products are not lowered, even when new products are brought to market. A few products that serve small patient groups have had their prices increased substantially.This escalation is likely to continue as new, more expensive clotting factor drugs are developed. Since these new products are not proven to be any safer or more effective than the current products, this situation creates a risk of intervention by government and insurers to address both treatment costs and exhaustion of patients’ insurance caps. Drug companies are not serving the patients by pricing new, but often very similar, products so aggressively. The trends seen in this patient group will likely be seen in other patient groups in the future. Ultimately, doctors and patients will lose treatment options and health care availability unless collaborative strategies are developed to reduce costs.
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Terziev, Venelin, and Redon Koleci. "COSTS OF DEVELOPMENT OF NEW PRODUCTS." Knowledge International Journal 34, no. 5 (2019): 1313–16. http://dx.doi.org/10.35120/kij34051313t.
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The successful management of costs in the development of new products in small and medium-sized enterprises in the Western Balkans is being developed in agriculture. Effective cost management in the development of new products in small and medium-sized enterprises has serious and direct implications for the efficiency of the enterprises themselves. The appeal for the production of vegetables arises from the need to analyze the management of costs as one of the basic conditions for increasing the efficiency of business entities, with particular emphasis on small and medium-sized enterprises as a major driver of economic activity and economic development. Specifically, the purpose of the vegetable industry is to define and analyze the correlation between the successful management of costs in developing new products and the efficiency of small and medium-sized enterprises in the Western Balkans. Modern working conditions, characterized by dynamic structural changes, continuous growth and development of modern technology, internationalization and globalization of markets, increasing the global competitiveness of companies, fragmentation of the market and increased insecurity developing a dynamic and relatable sector as small and medium sized as possible. The idea that big companies tend to grow into big systems that are followed by technological development, why they have high efficiency and productivity and a great deal of leverage on the world markets, has prevailed. Namely, you have been a challenge to globalized economies and at the same time a possibility for economic development and prosperity, but with the changes in working conditions and the deepening of the crisis of big companies in the world, since the end of the 1980s, the economic policies of the last century started to take a serious interest in small business development, industrial competitiveness, restructuring and privatization. In the 1980s, turbulent changes occurred in the functioning of the economic systems of individual national economies to dismantle socialist systems and lay the foundations for a stable democratic society (capitalism). The crisis affecting the financial markets, followed by the high interest rates on the ears, has increased the imminence of the emergence of small and medium-sized enterprises and the level of importance for the internal economy, according to the level of financial structure. During this period, the first in the SAD was a shaky liberal and institutional environment that slowly reflected on the expansion of these entities, and such conditions underwent expansion in other lands as well, when ownership of the activity began. Because of this, the vegetable period will be remembered because of the strong effect of entrepreneurial reconstruction, and the economic science further points to the importance of small and medium-sized enterprises, as carriers of restructuring of economic systems, as well as their own generative capacity, new recruits and mobilizers of all factors of production. Undoubtedly, one of the main characteristics of modern market savings is that small and medium-sized companies represent a club factor for level of functionality and efficiency. In this sense, they represent the true engines of economic development, because, therefore, in the vegetable industry, special attention is paid to the development of this dust, and the consciousness’s and conclusions that are expected to have a meaningful implication are the implications.
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Marques, Érico Veras, Luiz Carlos Di Serio, and Mauro Furtado. "Product development and risk partnership: a case study." RAE eletrônica 1, no. 1 (2002): 1–13. http://dx.doi.org/10.1590/s1676-56482002000100011.
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The aeronautical industry has always been known for having high investment costs concerning capital, personnel, time and technology as it engages in the process of developing new products. The strong competition in the air transport market has been putting pressure on the manufacturers to build new aircraft models in a range of products which assists the specific needs of each segment of the market, that is, always more customized products. The integrated development of products through risk partnership has been used by some industries aiming to minimize the investments mentioned above, as well as to reduce the cycle of products development, what results in reduction of time to market. This work aims to analyze, considering various models of competitiviness, how the Brazilian aeronautical industry is making the integrated development with risk partnerships a real distinguishing feature in the market.
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Hernik, Joanna. "Dangerous products on the contemporary EU market – characteristics of the non-food products." Scientific Papers of Silesian University of Technology. Organization and Management Series 2022, no. 162 (2022): 245–58. http://dx.doi.org/10.29119/1641-3466.2022.162.14.
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Purpose: For most products, for example, toys, food, cosmetics, there are regulations in European law that define safety requirements. However, each year, several thousand products potentially dangerous for consumers appear on the market. Producers’ organizations, as well as public institutions and consumer organizations are fighting to keep them as few as possible, yet, different market forces play a role here and they are still on the market. Therefore, consumers should be educated and knowledge about such products should be disseminated. Design/methodology/approach: In the research part, the products deemed unsafe in years 2015-2021 were analyzed. Additionally, the 80 latest alerts on dangerous products were also thoroughly analyzed. Data was collected from The European Commission Safety Gate system, The comparative analysis method was used as well as the documentary analysis. Findings: The aim of this article was to identify the main types of risk to consumers, related to the consumption of non-food products. The conducted analysis shows that it is mainly a risk of injury, poisoning, allergic reaction, as well as chocking and suffocation, but the risks vary greatly depending on the product group. It is significant that dangerous products are often intended for children, therefore the conscious attitude of parents is important. Research limitations/implications: It should be taken into account that the situation may change over time, that may be related to new legal norms, to a change in the economic situation on international markets due to new products, to greater awareness of producers, for example. Therefore this type of research should be discussed in a broader context. Practical implications: The analysis shows the need for an alert system against dangerous products. The results indicate that stereotypes about the ‘safe country of origin’ can change; in practice, therefore, consumers need new knowledge about dangerous products which will help them make informed decisions. Up-to-date knowledge is also needed by the sellers – they can make decisions about cooperation with suppliers that will be more favorable to them. Social implications: The awareness of the presence of dangerous products on the market is important for the health of consumers, but it is also important for producers themselves due to the potential damage that can be caused to consumers and the environment. Keywords: conscious consumption, consumer rights, RAPEX, safety of consumption. Category of the paper: Research paper.
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Koike, Yuta. "Inference for time-varying lead–lag relationships from ultra-high-frequency data." Japanese Journal of Statistics and Data Science 4, no. 1 (2021): 643–96. http://dx.doi.org/10.1007/s42081-021-00106-2.
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AbstractA new approach for modeling lead–lag relationships in high-frequency financial markets is proposed. The model accommodates non-synchronous trading and market microstructure noise as well as intraday variations of lead–lag relationships, which are essential for empirical applications. A simple statistical methodology for analyzing the proposed model is presented, as well. The methodology is illustrated by an empirical study to detect lead–lag relationships between the S&P 500 index and its two derivative products.
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Majid, Kashef, and Mooweon Rhee. "Firm/product reputation and new-product recalls." Marketing Intelligence & Planning 36, no. 5 (2018): 572–84. http://dx.doi.org/10.1108/mip-11-2017-0309.
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Purpose The purpose of this paper is to identify the rate of recall for new products vs established products and to explore the simultaneous impact of a firm’s reputation and a product’s reputation on the market response to a product recall. Design/methodology/approach The authors first use an accelerated hazard model to establish that new products are more vulnerable to damage than established products. Once this is established, the authors use a hierarchical linear model to explore the simultaneous impact of the firm and product reputation on the market response to a product recall. Findings The findings indicate that new products have a greater probability of recall over time than existing products and after a product recall a positive firm reputation can negatively impact the firm and hence becomes a liability. However, when the product is first introduced, the product reputation can help offset any negative market response; the product reputation can therefore be an asset. Research limitations/implications New products are more flawed than their established counterparts. A positive reputation can be a liability but a positive product reputation can offset the negative impact of the firm reputation and this is especially pertinent to new products. Originality/value The majority of prior research has focused on the reputation and assumed that the firm represented the product as well; the findings of this study reveal that the reputation of the product can have contrasting effects to the reputation of the firm.
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Feng, Taiwen, Linyan Sun, Amrik S. Sohal, and Dan Wang. "External involvement and firm performance: is time-to-market of new products a missing link?" International Journal of Production Research 52, no. 3 (2013): 727–42. http://dx.doi.org/10.1080/00207543.2013.828177.
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Donovan, Sandra S. "Shortening time to market for new products and services Strategy, management framework, and action items." Industrial Biotechnology 2, no. 3 (2006): 167–70. http://dx.doi.org/10.1089/ind.2006.2.167.
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Liu, Zhenfeng, Ya Xiao, and Jian Feng. "Manufacturer’s Sharing Servitization Transformation and Product Pricing Strategy." Sustainability 13, no. 3 (2021): 1503. http://dx.doi.org/10.3390/su13031503.
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The sharing market includes the idle product sharing by the owner and the firm’s new product sharing. Companies participating in the sharing economy choose to withdraw from the market because it is always difficult to make a profit, due to heavy asset investment, but there is no such worry for owners who do not need cost input. At the same time, we have observed that the sharing products launched by companies are difficult to meet the rental needs of consumers. Based on the above findings, we have constructed a model where there is a market where a monopolistic manufacturer sells and rents out at the same time, and owners who purchased new products can choose to rent out products when they are idle. Because of the uncoordinated supply and demand matching of the sharing market and the excessively high unit cost input, our research found that: (1) the barriers for the manufacturer to enter the sharing market are always high—for example, the manufacturer will choose to enter the sharing market only when consumers have a high rate of availability of sharing products. Only when the cost of products in the sharing market is not low will the manufacturer choose to provide sharing services; (2) the competition between the two products in the sharing market weakens the demand cannibalize in the sales market; (3) the manufacturer enters the sharing market to promote the owner’s income. The owner’s earnings will increase with the rising of sharing products’ availability.
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Sokolov, A. Yu, A. B. Tsvetkova, and D. I. Shishkina. "Developing New Products on Meat Basis and Their Marketing Research." Vestnik of the Plekhanov Russian University of Economics 18, no. 2 (2021): 204–10. http://dx.doi.org/10.21686/2413-2829-2021-2-204-210.
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The article describes technologies of new products of mass food industry on meat basis and on-line research of meat products during their development and putting on market. By results of the research a possible demand for the product was forecast. The authors identify potential types of customers and concrete measures of promotion. Research findings show expediency of developing technologies for products on meat basis including high-quality ingredients. In the process of technology approving in industrial environment correction of properties is necessary with due regard to market situation. Survey results showed that customers prefer to eat lunch out (in the office, university, etc.) and have some meat dishes. The concept of product upgrading includes the use of high-quality ingredients with preventive characteristics, in particular, prebiotics, for instance, wheat fiber of high quality However, customers need trustworthy and easily perceivable information about consumer properties of culinary food products, which could be distributed by corporate mass media and information booklets. At the same time we should not exclude low price strategy at the stage of putting such products on market, probably limited by corporate catering.
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Datar, Srikant, C. Clark Jordan, Sunder Kekre, Surendra Rajiv, and Kannan Srinivasan. "Advantages of Time-Based New Product Development in a Fast-Cycle Industry." Journal of Marketing Research 34, no. 1 (1997): 36–49. http://dx.doi.org/10.1177/002224379703400104.
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The authors study the impact of time-based product development on sustainable market share gains in a high-technology computer component industry. Three dominant firms, with international new product development and manufacturing facilities, have introduced more than 200 new products into this fast-cycle market in a five-year period. The authors systematically examine the leads and lags at critical stages of the product development process: concept generation, prototype completion, and volume production. Their main finding is that lead-time advantage affects market share positively, albeit differentially, at each stage. The benefit of lead-time gain is greatest at the volume production stage, followed by the concept generation stage. The authors also develop a new notion of lead-time threshold—a time period in which if a competitor catches up, no market share gain is achieved by the firm that introduces the product first. They endogenously estimate the magnitude of the threshold for each stage of the product development process, observing that a significant threshold is present at both the concept generation and volume production stages. Finally, the structure of the development process, which differs across the firms in the market, affords significant differential ability to catch up with competitors.
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UTTERBACK, JAMES M., and HAPPY J. ACEE. "DISRUPTIVE TECHNOLOGIES: AN EXPANDED VIEW." International Journal of Innovation Management 09, no. 01 (2005): 1–17. http://dx.doi.org/10.1142/s1363919605001162.
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The term "disruptive technology" as coined by Christensen (1997, The Innovator's Dilemma; How New Technologies Cause Great Firms to Fail. Harvard Business School Press) refers to a new technology having lower cost and performance measured by traditional criteria, but having higher ancillary performance. Christensen finds that disruptive technologies may enter and expand emerging market niches, improving with time and ultimately attacking established products in their traditional markets. This conception, while useful, is also limiting in several important ways. By emphasising only "attack from below" Christensen ignores other discontinuous patterns of change, which may be of equal or greater importance (Utterback, 1994, Mastering the Dynamics of Innovation. Harvard Business School Press; Acee, 2001, SM Thesis, Massachusetts Institute of Technology). Further, the true importance of disruptive technology, even in Christensen's conception of it is not that it may displace established products. Rather, it is a powerful means for enlarging and broadening markets and providing new functionality. In Christensen's theory of disruptive technology, the establishment of a new market segment acts to channel the new product to the leading edge of the market or the early adopters. Once the innovation reaches the early to late majority of users it begins to compete with the established product in its traditional market. Here we present an alternative scenario in which a higher performing and higher priced innovation is introduced into the most demanding established market segments and later moves towards the mass market.
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Dubey, Amlendu Kumar. "Instability and Time Scale Dependence of Beta in an Emerging Market Economy: Evidence from India." Vikalpa: The Journal for Decision Makers 39, no. 1 (2014): 41–56. http://dx.doi.org/10.1177/0256090920140103.
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This paper is an attempt in analysing time-scale dependence of systematic risk of stocks for an emerging market economy. Financial markets all over the world are characterized by heterogeneous investors. For example, different investors have different time horizons of investment which in turn is highly related to perception of risk of different investors in holding these stocks. Also, in emerging market economies, economic conditions are very fluid. Not only new firms are joining the market but existing firms themselves are changing rapidly; they are expanding into new markets, and at times with different products. Therefore, assuming that the risk in holding a firm's stock will be constant over a longer period is rather a restrictive assumption. Also, Indian equity markets are one of the most dynamic equity markets in the world today. The last decade has been the most eventful period for the Indian securities market. Resource mobilization in the primary market has increased dramatically, rising sixfold between 2000 and 2010 (NSE, 2010), which is having a very significant impact on the risk-return trade-off in the secondary market. Market capitalization has grown substantially over the period indicating that not only more companies are using the stock markets for resource mobilization today but overall market participation has also increased considerably. This paper tests for time-scale stability of beta of different trading stocks in the Indian equity market, using wavelet filters following Gencay et al (2002; 2005) and Fernandez (2006) and finds considerable instability in beta estimates. Based on this analysis, time-scale dependent beta estimates are provided for all the stocks under consideration. Time-scale dependent estimates of systematic risk embedded in different stocks will provide considerable information to practitioners in terms of benefits of diversification while constructing different portfolios using different stocks traded in Indian equity markets. Essentially, with the tools explained in this paper, practitioners will be able to incorporate their horizons of investment while planning for portfolio diversification. Also, the results emphasize the importance of a hedging strategy that varies over different time horizons of investments over a strategy where the hedge ratio is invariant to different time horizons.
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Priadko, O. M., and I. Y. Tarasov. "New Whipped Dessert Products: A Marketing View of the Consumer Aspect." Business Inform 3, no. 530 (2022): 119–25. http://dx.doi.org/10.32983/2222-4459-2022-3-119-125.
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The article analyzes, systematizes and summarizes scientific works of scholars with consideration of the issues related to the study of theoretical-methodological and applied aspects of promoting new innovative food products to the market. The article is aimed at studying the prospects of promoting to the regional market of restaurant enterprises a new whipped dessert, of the type of sambuc, with the addition of a modern additive «Nutrio-gem», which exhibits a wide range of effects: antioxidant, sorption, bacteriostatic, complex-forming, emulsifying, moisture-containing, moisture-binding, stabilizing, structural-forming properties. It is substantiated that in the context of the consequences of both the global pandemic and the hostilities in Ukraine, the issue of healthy and healing nutrition as a means of maintaining immunity and increasing the ability of the human body to withstand the negative impact of the environment becomes topical. To identify the potential demand for an innovative product and its possible perception by potential consumers, a marketing study was conducted in the form of a survey of respondents using the Google Forms platform. The goal was: to study the needs of buyers; carry out an analysis of compliance of product characteristics with the relevant requirements; selection of market segments for a new dish. In order to implement this work, a questionnaire was developed, consisting of interrelated, posed in a logical sequence questions. The sample size was 303 people. The time frame of the study: November – December 2021. The carried out work allowed to develop recommendations for bringing these products to the regional market and substantiate its market and consumer relevance in the current conditions.
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Jessup, Eric, and Ryan Herrington. "Estimating the Impact of Seasonal Truck Shortages on the Movement of Time-Sensitive, Perishable Products." Transportation Research Record: Journal of the Transportation Research Board 1906, no. 1 (2005): 81–88. http://dx.doi.org/10.1177/0361198105190600110.
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This research focuses on the frequent and persistent problem of truck shortages for time-sensitive, perishable produce shipment out of the Pacific Northwest. Washington State is the number one apple-producing state in the United States, accounting for more than 2.7 million tons of apples per year valued in excess of $1 billion. However, without timely and accessible transportation to move the product from production to the consumer's table, the value to apple producers and the state's economy diminishes rapidly. This research aims to identify and quantify the change in total transportation cost that occurs as a result of seasonal truck shortages and associated rate increases and to provide an avenue for evaluating changes in specific destination markets, modal changes, and market competitiveness. A cost-minimizing optimization model is used to represent apple shipments from 29 producing supply points to 16 domestic markets and three international export markets over four seasons for two modes (truck and rail). Total transportation costs increase nearly $12 million as a result of truck shortages, from $245.6 million without shortages to $257.5 million under the current seasonal situation. Overall (across all seasons), the export markets of Nogales, Arizona; McAllen, Texas; and the Port of Seattle, Washington, are most affected by the truck shortages, followed by domestic markets near Seattle and San Francisco, California. The large markets of New York City, New York, and Los Angeles, California also experience relatively large increases in transportation cost per ton mile.
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Zander, Katrin, and Yvonne Feucht. "How to increase demand for carp? Consumer attitudes and preferences in Germany and Poland." British Food Journal 122, no. 11 (2020): 3267–82. http://dx.doi.org/10.1108/bfj-11-2019-0875.
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PurposeCarp is a traditional aquaculture fish with decreasing relevance in European markets. Despite this, it is a protein source which could contribute to the worldwide protein supply. Traditional carp ponds are part of human cultural heritage with high relevance for biodiversity. But, market shares of carp are small compared to other seafood market, mainly due to low consumer demand. The aim of this research was to contribute to the discussion on how to increase demand for carp by testing the acceptance of selected preprocessed carp products.Design/methodology/approachA quantitative online survey was conducted in Germany and Poland with the aim of identifying consumers' attitudes towards carp and carp products. On this basis recommendations on how to best market carp products are developed.FindingsCarp is perceived to be a fish eaten primarily at Christmas and New Year's Eve and to be difficult to prepare. The analyses reveal that a potential for novel carp products does exist in Germany and in Poland. The wider introduction of a bonecut filet to the market, a better availability of carp products, and the avoidance of off-flavors are important prerequisites for higher market relevance of carp.Research limitations/implicationsIn this research consumer preferences were elicited “theoretically” by showing pictures of carp products and asking them for their preferences. In this regard, the results presented here state a general consumer interest and a potential for new carp products. Further research, integrating product tastings might give additional information on the likely success of new types of carp products.Practical implicationsIn order to let people know about the new products and at the same time to combat the sometimes existent bad image of carp, product tastings, also in combination with information regarding local origin and environmental/cultural impact, should be offered at the point of sale.Originality/valueCarp is a highly sustainable fish and offers a valuable protein source for human consumption. But, in its common ways of market presentation it is not highly appreciated by consumers. This paper demonstrates options of overcoming this situation.
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George, Lisa M., and Joel Waldfogel. "The New York Times and the Market for Local Newspapers." American Economic Review 96, no. 1 (2006): 435–47. http://dx.doi.org/10.1257/000282806776157551.
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Recent technological advances have dramatically lowered the cost of transmitting information over large distances. In the late 1990s, the New York Times implemented a national distribution strategy, expanding delivery in over 100 cities. Using cross-sectional and longitudinal data on local newspaper circulation, Times penetration, and local newspapers characteristics, we find that as Times circulation grows in a market, local newspaper circulation declines among college-educated readers. Local newspapers reposition toward local and away from national coverage, raising circulation among individuals without a degree. Availability of national newspapers in local markets changes the relationship between local preferences and local products.
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Marković, Dušan, and Vladan Madić. "Reshaping of premium segment in global automotive market." Marketing 52, no. 4 (2021): 236–46. http://dx.doi.org/10.5937/mkng2104236m.
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Automotive industry has faced frequent and radical changes of business environment during 21st century. Great recession, disruptive innovations, rise of emerging markets competitors, and Covid-19 pandemic have resulted in new customer preferences and constrains in managing supply chain. These factors significantly have affected business operations in automotive premium segment. Traditional competencies are not sufficient to gain and sustain competitive advantage in the market segment. The paper analyzes: trends in premium automotive segments and restructuring of business models, competitive and marketing strategies in the market segment. Technological innovations and digitalization have changed customer perception of premium vehicles. To sustain market position in unpredictable business environment and deal with these factors the competitors have to be agile and flexible. Automotive companies in premium segment have to deal with increasingly complex products, to achieve business efficiency. At the same time the companies have to differentiate their products in the new way, aiming to compete traditional competitors and new comers. To achieve these opposite goals, the companies develop new technological processes, which result in lower operating costs, and integrate hardware, software and service, to create the most valuable premium packet for customers in the segment.
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Knudsen, Line Sand, and Louise Møller Haase. "Seeking Insights into an unknown Future: Exploring Designers’ Strategies to Discover Key Insights." Proceedings of the Design Society: International Conference on Engineering Design 1, no. 1 (2019): 3999–4008. http://dx.doi.org/10.1017/dsi.2019.407.
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AbstractInsights play a significant role in creation of new products. Insights provide the designer with an understanding of the user, market, technologies and trends, and how these might change over time. This information is critical for the designer to get an understanding of how and why present products succeed or fail. Hence, insights serve as both triggers and drivers for envisioning future products, but they are also fundamental to ensure that new products created will provide meaningful experiences to the users. In design literature, there is a significant amount of research on how to gather information about the user, market, trends, etc. However, very little research is focused on how the designer addresses this information to discover or uncover key insights. Through interviews with expert designers behind twelve products, we identified three strategies that designers use to discover insights. We found that designers search for insights that could be used to: 1) establish the product's future identity, 2) identify core challenges based on the new identity in the existing user experience and 3) identify solutions that could meet the core challenges and accentuate the new identity.
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Feng, Taiwen, Linyan Sun, Chunyan Zhu, and Amrik S. Sohal. "Customer orientation for decreasing time-to-market of new products: IT implementation as a complementary asset." Industrial Marketing Management 41, no. 6 (2012): 929–39. http://dx.doi.org/10.1016/j.indmarman.2011.11.027.
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Samenbetova, Dilara S., and Oleg Yu Patlasov. "Model of state support for organic farming of Kazakhstan in the context of creation of international regulatory framework for the industry." BIO Web of Conferences 42 (2022): 06004. http://dx.doi.org/10.1051/bioconf/20224206004.
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The paper evaluates the status and prospects for a wider market capacity of organic foods and items. The paper analyzes regulatory framework for organic market in Kazakhstan. The paper describes the conditions for the development of the organic market. The transformation of global food market structures has influenced the organic farming. Demand for organic products has been growing rapidly. Whereas the European Union has put in place at the time an effective system for regulating organic production, the EAEU, CIS, and SCO countries can see this production taking shape only now. It is argued that Kazakhstan is harnessing its agricultural potential only partially, including organic food production. The paper proves that the development of green farming entrepreneurship in Kazakhstan will enable agricultural organizations, aided by the measures of state support, to form a new niche in the market for organic products and expand the supply of organic products in the world market. New approaches are proposed for the first time in regard to formulating regulations, model laws, and recommendations of international unions.
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ZERKINA, O. O. "INSTITUTIONAL SUPPORT FOR THE FUNCTIONING OF UKRAINIAN MARKETS FOR GRAIN AND BREAD PRODUCTS." Economic innovations 23, no. 4(81) (2021): 52–64. http://dx.doi.org/10.31520/ei.2021.23.4(81).52-64.
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Topicality. Ukrainian markets for grain and grain products are strategic markets of the state, ensuring its food and economic security. Today, the production and export potential of these markets remains unrealized. Transformation of the institutional environment, reform of the old and creation of new institutions are designed to ensure the reproductive development of the markets of grain and bread products of Ukraine. At the same time, in practice, institutional �traps� arise as a result of the impact of local institutional changes on the functioning of individual market units, which highlights the need for new research on their institutional basis. Aim and tasks. The purpose of the article is to substantiate the institutional basis of the functioning of the market of grain and bread products of Ukraine on the basis of the reproduction approach. During the research the following methods were used: monographic, dialectical, theoretical generalization and comparison, statistical analysis, structural-logical method. Research results. The article identifies the components of the institutional basis for the functioning of commodity markets, analyzes the main provisions of strategic and regulatory documents in the context of the reproduction development of markets for grain and grain products of Ukraine. Features of institutional support of markets are studied in three main areas � price, technical and customs regulation. The institutional problems of integration of domestic markets into global value chains are identified. A set of proposals for institutional support of effective integration of Ukrainian markets of grain and bread products into international value chains has been developed, which are purposefully focused on solving the main problems of such integration and increasing market value added. Conclusions. The applied value of the obtained results is determined by the possibility of their use by state and profile institutions in the development of institutional mechanisms for regulating the reproduction development of domestic markets for grain and bread products. Assessing the impact of informal institutions, as well as international institutions on the reproduction development the markets for grain and bread products forms the prospects for further research.
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Hassan, Md Rakib. "Smartphone based automatic price determination of agricultural products." Research in Agriculture Livestock and Fisheries 4, no. 2 (2017): 69–75. http://dx.doi.org/10.3329/ralf.v4i2.33718.
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Smartphones are increasingly becoming an integral part of our life. We carry it every time with us and use it to do various tasks including browsing internet, emails, social websites and others. We also perform online shopping with our smartphones. In this paper, a new automatic price determination algorithm for agricultural products is proposed that can be used by both the sellers and buyers using their smartphones. The buyers will place their demands for their required agricultural products to the sellers of a particular market and the sellers will also place their supplies. The algorithm will then automatically calculate the market equilibrium price using learning rate based iterative distributed price determination algorithm. As a result, both the sellers and buyers can save their time in finding the suitable prices of the agricultural products. The performance results show that the algorithm is stable and reaches the market equilibrium price within a few milliseconds.Res. Agric., Livest. Fish.4(2): 69-75, August 2017
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Silicka, Inese, Iveta Dembovska, Ērika Teirumnieka, and Ivo Dembovskis. "ANALYSIS OF HIKING FOOD PROCESSING TECHNOLOGIES ON THE MARKET." Journal of Regional Economic and Social Development 1, no. 12 (2020): 171. http://dx.doi.org/10.17770/jresd2020vol1.12.5398.
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The food sector is one of the fastest-growing sectors, therefore it requires that producers follow food market trends and quickly respond to consumer demand. Besides, the producers have to comply with the increasingly strict conditions and regulations imposed on food producers in recent years. Food producers need to be able to develop products that are safe and have a long shelf life and at the same time, the manufacturers have to continuously diversify their products, create new flavor and aroma combinations, increase the nutritional value of the products while increasing the production volumes and considering energy efficiency, as well as environmental impact. The aim of the research is to study and analyse hiking food processing technologies on the market. Methods used in the research – monographic, synthesis, comparative method. The research developed proposals for manufacturers of hiking food for the design and manufacturing of new products.
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Makhitha, KM. "Marketing Strategies Of Small Craft Producers In South Africa: Practices And Challenges." Journal of Applied Business Research (JABR) 32, no. 3 (2016): 663–80. http://dx.doi.org/10.19030/jabr.v32i3.9649.
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The purpose of this research paper was to investigate the practices and challenges of marketing strategies of craft producers in Gauteng, South Africa (SA). As craft producers lack access to market they are unable to market their products successfully and face major challenges in marketing their products. A survey was conducted among 244 craft producers in Gauteng, South Africa (SA) to determine the marketing strategy practices and the challenges they face when marketing their products. The findings have shown that craft producers introduce new products from time to time and constantly improve existing products. Craft producers believe that their products are unique and of higher quality. They face challenges with the lack of demand for their products and the fact that it is not easy for them to identify customers that want their products. Craft producers need to decide on who they want to target with their products, determine the needs and then formulate an appropriate marketing mix element strategy to reach the chosen target market.
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PODSOKHA, Anna. "ORGANIZATIONAL AND ECONOMIC MODEL OF EFFECTIVE FUNCTIONING OF THE COMMODITY EXCHANGE MARKET OF UKRAINE." Ukrainian Journal of Applied Economics 4, no. 4 (2019): 306–13. http://dx.doi.org/10.36887/2415-8453-2019-4-34.
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Introduction. The low level of development of commodity exchange trade in Ukraine remains a rather acute issue in the domestic economy for a long time. This indicates the need to find new ways to improve the activities of exchanges. The purpose of the scientific research is to generalize the theoretical aspects of the formation of organizational and economic model of effective functioning of the commodity exchange market in Ukraine. Results. It is established that grain is a typical commodity on the domestic stock market. The functions of the exchange are defined. The world tendencies of exchange trade development are characterized. The state of the domestic stock market is studied. The state role in regulating the activity of exchanges is highlighted. The essence, tasks and principles of the wholesale grain market are defined. The existence of favorable economic conditions for the organization of regional wholesale grain markets is substantiated. The administrative component of operational management of the wholesale market is characterized. The measures for the organization of wholesale grain markets at the regional level have been identified. The dominance of the shadow market in the sale of agricultural products is indicated. The directions of institutional transformations at the regional level to increase the effectiveness of economic reforms in the agriculture field are identified. The necessity of the new technological basis introduction of agricultural products realization – electronic auctions is substantiated. Prospects for the electronic bidding introduction are outlined. The relations model for regulation of the wholesale market of agricultural products at the regional level is characterized. Organizational and economic measures for the implementation of this model in domestic practice are proposed. The priority task of state regulation in exchange trade of agricultural products is highlighted. Conclusions. The use of the model of development and regulation of the regional wholesale market of agricultural products will contribute to the development of the commodity exchange market, reduce the share of the shadow sector of the economy, replenish budget funds to finance producers in agriculture. Key words: commodity exchange, organizational and economic model, exchange market, wholesale grain market, electronic trading, state regulation.
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Ismail, Ayman, Seham Ghalwash, and Noha El Sebaie. "Up-Fuse: International growth of an Egyptian eco-friendly social enterprise." Emerald Emerging Markets Case Studies 12, no. 1 (2022): 1–24. http://dx.doi.org/10.1108/eemcs-10-2020-0390.
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Learning outcomes The case is meant as a way for students to develop ideas related to the challenges facing environmental eco-friendly social enterprises that sell their products in a country like Egypt where consumers are way behind considering the value of their products. In response to these challenges, students learn to evaluate the company status quo by analyzing its weaknesses, strengths and opportunities to grow and expand geographically to a new market. Students also learn about the growth expansion strategies and internationalization modes, options and associated barriers. Accordingly, they can plan the marketing strategies associated with entering this new market for up-cycled products. Objective 1: Analyze the international geographical growth alternative for an enterprise that improves its scalability applying weaknesses, strengths, threats and opportunities analysis. Objective 2: Propose a strategic plan for growth and scalability. Objective 3: Discuss the various modes of doing business in foreign countries. Recommend an internationalization mode for a social enterprise to explore in a new market. Objective 4: Assess the possible barriers associated with internationalization modes and how to overcome them. Objective 5: Propose marketing strategies for an eco-friendly enterprise to enhance its efficiency and effectiveness in the international host market. Other topics that might be discussed in this case include consumer behavior toward environmentally friendly products. Pricing challenges faced by ecologically friendly firms in developing countries. Case overview/synopsis Rania and Yara were inspired by Germany’s approach to waste reduction, particularly plastic bags. In 2017, after winning several competitions and awards, Up-Fuse was officially established as a social enterprise. The entrepreneurs faced great challenges selling sustainable products made of plastic waste to Egyptian consumers. Egyptian consumers were not fully aware of the value of eco-friendly products which presented a great challenge for Up-Fuse to grow and sell their products in Egypt. After shifting its pricing strategy and expanding beyond the local recycled product markets, Up-Fuse further faced fierce competition from well-established local and international brands with larger market shares. Thus, most of Up-Fuse’s sales were generated from expats and foreigners. In response to local obstacles and limitations, Rania began to consider targeting international markets. Rania thought it was the opportune time to drive growth through geographic expansion. After all, in 2020, Up-Fuse had some minor success when the co-founders experimented with exporting their products to the US market. Rania’s co-founder Yara, on the other hand, felt that the enterprise was not yet ready to enter a new market and it would be wiser to emphasize growth in the local Egyptian market. The co-founders were torn between two growth strategies. On one hand, they faced intense local competition for their products. On the other, expanding by entering a new market came with many challenges. Which growth strategy should Up-Fuse adopt? How could Up-Fuse determine which market to penetrate? What were the possible scalability challenges they faced by entering a new market? How could Up-Fuse reach and increase their international customer base abroad? What was the best marketing strategy for their products? Complexity academic level This case would be appropriate for graduate students enrolled in marketing, consumer behavior, international marketing, international business and social entrepreneurship courses. This case is written at a graduate level and would also be appropriate for use in customized or short programs. Supplementary materials Teaching notes are available for educators only. Subject code CCS 5: International Business.
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Wang, Yuhong, Shulin Yang, Wuyong Qian, and Xiaozhong Li. "Forecasting New Product Diffusion Using Grey Time-Delayed Verhulst Model." Journal of Applied Mathematics 2013 (2013): 1–6. http://dx.doi.org/10.1155/2013/625028.
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Taking account of the time-delayed phenomenon in diffusion of new products, we propose the time-delayed Verhulst model and then establish a grey time-delayed Verhulst model using the method of grey differential equations. The related parameter packets of this novel model are obtained under the rule of ordinary least squares (OLS). The results show that the traditional grey Verhulst model is a special example of grey time-delayed Verhulst model which can reflect the time-delayed information effectively. A practical example of market diffusion shows that the modeling accuracy is remarkably improved by using the grey time-delayed Verhulst model presented in this paper.
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Kireyenka, N. V., and M. A. Arnatovich. "Organizational and economic mechanism of balanced development of the vegetable market in the Republic of Belarus." Proceedings of the National Academy of Sciences of Belarus. Agrarian Series 60, no. 1 (2022): 7–22. http://dx.doi.org/10.29235/1817-7204-2022-60-1-7-22.
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Formation of a competitive national economy in the Republic of Belarus in conditions of international economic relations should be based on a stably functioning and well-developed system of commodity markets, with food market taking a key place in their structure. One of the most important segments of the latter is the vegetable market, which is developing dynamically at the present stage, providing population with valuable food products, and industry - with raw materials for processing. At the same time, specificity of domestic vegetable market of the Republic of Belarus in the context of ensuring national food security is determined by new tasks, objectively generated by the development of modern trends in domestic and global agricultural economy. The paper substantiates theoretical foundations of the mechanism of its balanced development in the food supply system, which contain scientific approaches, conditions and factors of the internal and external market environments, as well as modern trends in the vegetable market and its main segments in foreign countries. In the context of national food security, new directions of organizational and economic mechanism for the vegetable market functioning, effective measures of economic regulation of production and sale of products based on international rules, a mechanism of marketing support for domestic producers have been developed. Scientific novelty of this development lies in application of an integrated approach to balancing the vegetable market, increasing efficiency of the subjects functioning in the value chain and ensuring competitiveness of these products in the domestic and foreign markets. These developments can be used to substantiate the priority directions for development of food markets, as well as to fulfill medium- and longterm forecasts of provision level of the population of the republic with vegetable products. Acknowledgments. The research was carried out within the framework of the State Research Program “Agricultural Technologies and Food Security” for 2021-2025, subprogram 9.7 “Economy of agro-industrial complex”.
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Tikhonyuk, Natalia, Kometa Paytaeva, and Svetlana Ivanova. "Digital Production and Biotechnology as a New Techno-Economic Paradigm." BIO Web of Conferences 57 (2023): 01003. http://dx.doi.org/10.1051/bioconf/20235701003.
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Digital technologies continue to actively penetrate into all spheres of human activity. At the same time, there has been a trend in production to move from the use of individual solutions to the introduction of unified knowledge, technology and competency management systems - digital platforms. The use of new materials, computer engineering and virtual modeling technologies, additive technologies, the “industrial Internet”, mechatronics and robotics ensures the growth of the quality of traditional and the emergence of fundamentally new products, reducing the costs of creating and manufacturing products, including by reducing the volume of full-scale tests, terms bringing finished products to market, and generally increasing the predictability of industrial systems. It becomes possible to carry out a quick restructuring of production facilities for various conditions, which ensures the customization of production, as well as quickly respond to market changes.
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Shust, Olena, Igor Paska, Dmytro Krysanov, Marat Ibatullin, and Iryna Artimonova. "Assessment of pig products market infrastructure formation." Technology audit and production reserves 2, no. 4(58) (2021): 28–32. http://dx.doi.org/10.15587/2706-5448.2021.230422.
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The object of research is the functioning of the subjects of infrastructural support for the functioning of the market for pig products, in particular, its information and transport components. Now one of the main problems in ensuring the food and biological safety of any country, which must be solved in the near future, is the formation of a traceability system for all livestock products, which will provide a positive effect at the entire stage of commodity circulation. Experience shows that the complexity and high level of costs associated with running an animal transport business are holding back the quantitative growth of companies in this market segment. Therefore, the work is devoted to the substantiation and improvement of the theoretical and methodological foundations, as well as the development of practical recommendations for the formation and functioning of the infrastructure of the market for pig products. The paper shows that the implementation of the proposed information system for traceability of the movement of pig products will ensure the quality of pig slaughter products, monitor compliance with the antiepizootic and antiepidemiological situation. An integrated approach to the segment of animal transportation will solve the main problems of organizing business, in particular: reducing transportation costs, minimizing environmental impact and ensuring humane treatment of animals. Methodological approaches to the formation of a monitoring system for the movement of products of animal origin based on the creation of an information system for automated document flow «Biosafety», which will ensure the traceability of the movement of pig products at all stages of the agri-food chain, have been substantiated. This will provide a qualitatively new level of information and communication technologies in the industry. In the course of the study, the comparison method was used to compare economic phenomena in different time periods in order to identify a causal relationship. The information provided in the research process should become the basis for the development of measures to control the antiepizootic and antiepidemiological situation by local self-government bodies and the relevant specialized state bodies.
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Bucatariu, Mihaela, Alexandra Iulia Nicolescu, and Alexandru Taşnadi. "Consumer behaviour towards new products." Proceedings of the International Conference on Business Excellence 11, no. 1 (2017): 904–15. http://dx.doi.org/10.1515/picbe-2017-0096.
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Abstract The main purpose of this paper is to find a structure of consumer behaviour, especially regarding the preference for the newly-released products from the market. We intend to study the impact of the new, innovative products compared to the traditional ones. Empirical research is based on the selling mix of a company in Romania and Austria. The analysis of this case will be done with the support of an econometric model of simple regression. This research confirms the validation of the structure and the attitude of the consumers towards the new products, launched by that company. By applying this linear model, it is possible to identify the percentage of the increase or decrease in consumption of new products. The need of carrying out this study regarding the impact of the consumption of new products is to create a profile and to find the causes that influence their acquisition. The originality of this paper lays in studying some aspects of influence over the consumption of new products from McDonald’s in Romania and Austria. Where does McDonald’s stand regarding the digitalization? It is not enough to sell new products; it is also necessary to bring innovation in the organization. Nowadays consumers are more present in the online environment and retailers are adapting at a fast pace to their needs of direct communication and transparency. How does a company that faces Slow Food and Bio era, deal with consumers who are more preoccupied with the nutritive values of the nourishment act? Platforms for real-time communication with clients such as “Our food. Your question” redefined the term of transparency and helped McDonald’s stop bad rumors. The results of the research will show us if there really is transformation in behaviour towards traditional products and in what degree consumers are influenced by innovation.
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Olewnik-Mikołajewska, Anna, Krystyna Gutkowska, Iwona Kowalczuk, Marta Sajdakowska, and Sylwia Żakowska-Biemans. "Oczekiwania konsumentów wobec innowacyjnych produktów żywnościowych pochodzenia zwierzęcego." Zeszyty Naukowe SGGW - Ekonomika i Organizacja Gospodarki Żywnościowej, no. 116 (December 30, 2016): 161–71. http://dx.doi.org/10.22630/eiogz.2016.116.53.
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The modern food market is characterized by very dynamic changes of its offer trying to meet the diverse and changing consumer preferences. At the same time, it is noted that among many new products on the market, there are some that exist longer, and others that do not, while the time of new products existing is determined mainly by the consumer acceptance. On the basis of both qualitative and quantitative data, it could be stated that consumers have relatively high level of acceptance of majority of the new food products of animal origin. However, higher consumer acceptance is stated for content modifications associated with reduction of components, which may have a negative effect on human health, whereas food products enrichment, even if associated with a positive impact on human health, was less accepted by consumers. The acceptance level of innovations in food products of animal origin depends on sociodemographic characteristics of consumers. Moreover, the level of acceptance is associated with innovators profile.
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Marruganti, Martina, and Leonardo Frizziero. "Maintainability of a Gearbox Using Design for Disassembly and Augmented Reality." Machines 8, no. 4 (2020): 87. http://dx.doi.org/10.3390/machines8040087.
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Environmental impact and recycling have been increasingly frequent topics in recent years. At the same time, the life cycle of products has increasingly become shorter, as the escalating competitive market requires new products in smaller pieces. From this perspective, the recovery of parts and products that are produced in this market system for subsequent reuse when they reach the end of their life cycle is essential. For these reasons, it has become critical that companies re-evaluate their product design with a view to the possible recovery of the parts that comprise their products and to create new products for the market. The following discussion was based on the study of design for disassembly (DfD), which is the analysis of industrial products aimed at optimizing disassembly in terms of time and costs. The application of the DfD to a case study of a gearbox has, among its main objectives, the search for the best disassembly sequence in terms of time and money. During the course of the study, augmented reality (AR) was used. Through the use of the Unity software and Vuforia package, it was possible to bring the gearbox back to AR and then simulate the disassembly sequence in AR.
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Mazaraki, A., I. Fedulova, Yu Drozdova, and S. Bai. "FUZZY-MULTIPLE APPROACH TO RISK ASSESSMENT UNDER THE CONDITIONS OF MANAGEMENT DIGITALIZATION IN ENTERPRISE ACTIVITY." Financial and credit activity problems of theory and practice 5, no. 40 (2021): 263–75. http://dx.doi.org/10.18371/fcaptp.v5i40.245099.
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Abstract. The success of the enterprise in the market depends on the level of its competitiveness, which, in turn, is determined by the level of competitive advantages of products developed and supplied to the market.Constant updating of the product range by modern enterprises allows them to extend the time of their effective life and ensure success in the long run. To do this, companies must constantly carry out innovative activity aimed at developing, implementing, and bringing new products to market to best meet consumer needs. However, companies must not only explore the main factors of success, but also the sources of risk that accompany the introduction of innovative products to market.The effectiveness of product innovation policy of the dairy industry is determined by the optimal combination of traditional and new products (new convenient packaging, new flavors, size, etc.). The article considers a fuzzy multiple approach to assessing the risk of bringing innovative products of the dairy industry to market.This approach is based on the «RWW» criteria for assessing the risk of bringing new products to market (Real, Win, Worth it), which is considered inthework of George S. Day. Based on the risk assessment criteria, a fuzzy-multiple model of risk assessment for bringing innovative products to market was built. As a result, an assessment for the risk of launching a novelty on the market was obtained for the three components o the RWW instrument and the integrated generalized one.The advantage of using the proposed method is the possibility of forming an aggregate risk indicator for the introduction of a new product on the market, which takes into account not only quantitative but also qualitative characteristics of the evaluation indicators. Keywords:digitalization, risk, digitalization, new product, innovative product, fuzzy multiple, fuzzy logic. JEL Classification С63, 81, M21 Formulas: 9; fig.: 3; tabl.: 12; bibl.: 27.
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Callahan, Rebecca L., Neha J. Mehta, Kavita Nanda, and Gregory S. Kopf. "The new contraceptive revolution: developing innovative products outside of industry†,‡." Biology of Reproduction 103, no. 2 (2020): 157–66. http://dx.doi.org/10.1093/biolre/ioaa067.
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Abstract A significant global unmet need for new contraceptive options for both women and men remains due to side effect profiles, medical concerns, and inconvenience of many currently available products. The pharmaceutical industry has largely abandoned early research and development for contraception and will not likely engage to bring new products to the market unless they have been significantly de-risked by showing promise in early phase clinical trials. This lack of interest by big pharma comes at a time when scientific and technological advances in biology and medicine are creating more opportunities than ever for the development of new and innovative drug products. Novel partnerships between the academic sector, small biotechnology companies, foundations, non-government organizations (NGOs), and the federal government could accelerate the development of new contraceptive products. We discuss the challenges and opportunities that we have encountered as an NGO with a mission to develop novel contraceptive products for low- and middle-income countries and how it differs from developing products for higher-income markets. We hope that our experiences and “lessons learned” will be of value to others as they proceed down the product development path, be it for female or male or for hormonal or nonhormonal contraceptives.
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Aggarwal, K. K., and Alok Kumar. "An Inventory Model for New Product When Demand Follows Dynamic Innovation Process having Dynamic Potential Market Size." International Journal of Strategic Decision Sciences 3, no. 4 (2012): 78–99. http://dx.doi.org/10.4018/jsds.2012100105.
Full textAbstract:
In this era of globalization and constant innovation the life cycles of the products are diminishing which tends to dynamic behaviour of the system and because of this there is a constant introduction of new products in the market. Therefore, while developing inventory models for new products, it becomes necessary to consider dynamic parameters associated with the demand function and are responsible for making the system dynamic which are essential for economic ordering policies for such products. In this paper an economic order quantity model has been developed in which the demand is time dependent and innovation driven. The parameters such as coefficient of innovation and potential market size associated with the demand function have been considered as dynamic over time to match with the real feature of the system. The model is illustrated with a numerical example and a comprehensive sensitivity analysis of the optimal solution with respect to different parameters has been performed to know the utility of the model.
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Savin, D. N. "Developing a new product development & launch process. Case: pharmaceutical market." Strategic decisions and risk management, no. 2 (July 15, 2018): 50–61. http://dx.doi.org/10.17747/2078-8886-2018-2-50-61.
Full textAbstract:
Projects on development and a conclusion of new products to the market remain one of the most demanded in practice of the modern companies. In case of their successful realization the companies manage to increase significantly a market share, to attract new consumers, to raise level of the innovative activity, and also to improve financial performance. At the same time a fact of common knowledge is the high share of unsuccessful projects in the field of a conclusion of new products to the market, especially it is characteristic for pharmaceutical branch. Therefore, the purpose of this article is identification of the main channels of obtaining information by the consumer about innovative products, and; definition of the factors having impact on consumers at a choice of new products in the pharmaceutical market. As a result of research it is revealed that two components belong to factors of success of an innovative product: technical, defining high usefulness of an innovative product, and marketing, considering criteria of a choice of goods of consumers. In work it is shown that the majority of consumers as B2B, and B2C of segments during making decision on purchase rely on such source of information as the Internet. Thus, effective communication with potential consumers on the Internet will be one of major factors of success of start of a new product. Following the results of the conducted research it was defined that the main factors allocating an innovative pharmaceutical product are completeness of information on it, and also high level of client support. In this connection, for satisfaction of requirements, it is offered to start a hotel independent platform of support of start of an innovative product which will include: full information on properties of a product; all necessary technical documentation, and also the section devoted to support of potential clients. Practical realization of results of the conducted research is shown on the example of development of strategy of advance innovative BIOCAD company products.