Managing the productivity of product development: a system dynamics analysis

International Journal of Management and Enterprise Development

Volumn 1, Issue 4, 2004, Pages 333-344

  Helo, Petri ^a   Hilmola, Olli Pekka ^b   Maunuksela, Ari ^c  

^a UNIVERSITY OF VAASA   (Finland)

^b UNIVERSITY OF TURKU   (Finland)

^c Radionet Ltd   (Finland)

Author keywords

learning; productivity; research and development

Indexed keywords

EID: 31544452603     PISSN: 14684330     EISSN: 17418127     Source Type: Journal    
DOI: 10.1504/IJMED.2004.004637     Document Type: Article

References (18)

1. Li, L. (2003) ‘Internationalisation of externalisation: the option for small and medium-sized technology-based enterprise in overseas market’, International Journal of Management and Enterprise Development, Vol. 1, No. 1, pp.55–77.
2. Davis, H.S. (1955) ‘Productivity accounting’, Research Studies XXXVII, University of Pennsylvania Press, Philadelphia.
3. Craig, C.E. and Harris, C.R. (1973) ‘Total productivity measurement at the firm level’, Sloan Management Review, Vol. 14, No. 3, p.13.
4. Sumanth, D. (1998) Total productivity management, St. Lucie Press.
5. Werner, B.M. and William, E.S. (1997) ‘Measuring R&D performance – state of the art’, Research Technology Management, Vol. 40, No. 2, pp.34–42.
6. Werner, B.M. and William, E.S. (1997) ‘Measuring R&D performance – US and German practices’, Research Technology Management, Vol. 40, No. 3, pp.28–32.
7. Nachum, L. (1999) ‘Measurement of productivity of professional services – an illustration on Swedish management consulting firms’, International Journal of Operations & Production Management, Vol. 19, No. 9. pp.922–949.
8. In system dynamics simulation modelling, we have used Stella software package by HPS Systems. For a more comprehensive overview on system dynamics modelling, refer to Forrester, J.W. (1958) ‘Industrial dynamics – a major breakthrough for decision makers’, Harvard Business Review, Vol. 36, No. 4, pp.37–66.
9. Von Krogh, G. and Michael, A.C. (2001) ‘Three strategies for managing fast growth’, Sloan Management Review, Vol. 42, No. 2, pp.53–61.
10. Stewart, G.B. (1991) ‘The quest for value – a guide to senior managers’, USA, HarperCollins.
11. Yoffie, D.B. and Michael, A.C. (1999) ‘Building a company on internet time: lessons from netscape’, California Management Review, Vol. 41, No. 3, pp.8–28.
12. Amram, M. and Kulatilaka, N. (1999) Real Options: Managing Strategic Investment in an Uncertain World, Boston(MA), Harvard Business School Press.
13. Hansen, Weiss and Kwak (1999) ‘Allocating R&D resources: a quantitative aid to management insight’, Research – Technology Management, Vol. 42, No. 4, pp.44–50.
14. Loch, C., Stein, L. and Terwiesch, C. (1996) ‘Measuring development performance in the electronics industry’, Journal of Product Innovation Management, Vol. 13, pp.3–20.
15. Cooper, R.G., Edgett, S.J. and Kleinschmidt, E.J. (1997) Portfolio Management for New Products, McMaster University, Hamilton.
16. McDevitt, C.A. (2003) ‘Framework for developing process based technologies at very early stage’, International Journal of Management and Enterprise Development, Vol. 1, No. 1, pp.11–27.
17. Wheelwright, S.C. and Clark, K.B. (1992) ‘Creating Project Plans to Focus Product Development’, Harvard Business Review, March-April.
18. Brown, S.L. and Eisenhardt, K.M. (1997) ‘The art of continuous change: linking complexity theory and time-paced evolution in relentlessly shifting organizations’, Administrative Science Quarterly, Vol. 42, No. 1, pp.1–34.