Sustainable new product development

Genç, Ebru; Benedetto, C. Anthony Di

doi:10.4337/9781784718152.00020

Cited by 2 publications

(3 citation statements)

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“…It draws on Greenwood’s model of stakeholder integration (Greenwood, ), according to which deep organizational engagement involves numerous and/or high‐quality activities. Accordingly, the quality of activities in the development of sustainability innovations is measured, and organizational engagement is considered to be deep when top management collaborates with stakeholders (Genç and Di Benedetto, ) or when collaboration involves several members of the focal firm. Furthermore, higher value is attached for direct collaboration without intermediaries than to indirect collaboration in cases when collaboration with stakeholders has been managed through external agency only.…”

Section: Methodsmentioning

confidence: 99%

“…Contrariwise, sustainability performance is based on all three bottom line items. These items are important for the creation of a win‐win situation that is scalable from a business point of view and that makes it possible for sustainable products and services to draw market share away from traditional products and to make a positive societal impact (Genç and Di Benedetto, , p. 235).…”

Section: Literature Reviewmentioning

confidence: 99%

“…This may involve preemptive practices such as disclosing company information to legitimize various actions or reputation‐building, which might be valuable in the presence of conflicting events (Deegan, ), listening and responding to stakeholder requirements (Sillanpää, ), or collaborative work that fosters innovation in the form of information sharing, consultation, communication, dialogue, and exchange (Driessen and Hillebrand, ). Top management involvement may be vital to the success of sustainability innovations because the recognition of sustainability issues sometimes challenges the existing organizational culture (Genç and Di Benedetto, ).…”

Section: Literature Reviewmentioning

confidence: 99%

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Strategies for Integrating Stakeholders into Sustainability Innovation: A Configurational Perspective

Juntunen¹,

Halme²,

Korsunova³

et al. 2018

J of Product Innov Manag

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Sustainability is a key driver of innovation for products, services, and business models. Sustainability innovations are aimed at improving the environmental, social, and economic performance of the innovated solution. Given the complexity of many sustainability challenges, leading innovators may seek to boost their innovation capacity by tapping into the ideas, knowledge, and expertise of their stakeholders. In doing so they need to consider how many and which stakeholders to integrate into new product development (NPD) processes, and at what stage. This study investigates stakeholder integration strategies associated with high sustainability performance of innovation. Building on the literatures of sustainability innovation and stakeholder integration in the context of NPD, this study developed a configurational model to analyze stakeholder integration strategies. The empirical data consisted of 80 interviews and documents from 13 medium to large companies and their stakeholders in Europe. Using the fsQCA method, it was found that there is not just one effective strategy but three stakeholder integration strategies for high sustainability performance of innovation. The results imply that deep organizational engagement with stakeholders is necessary for the achievement of high performance. Otherwise, the three strategies range from progressive openness, which allows stakeholders to exert a fundamental influence on the sustainability innovation, to limited openness toward stakeholder integration. With the early secondary strategy pointing to progressive openness, companies integrate secondary stakeholders early on and so maximize the influence of different views on the innovation. As to limited openness, companies following the selective strategy limit the number of stakeholder groups in NPD but are indifferent to the timing of these groups’ inputs. Finally, the fine‐tuning strategy is least open to atypical views as it restricts the share of secondary stakeholders and only allows external inputs after the fuzzy front end phase when key decisions regarding the innovation have been made.

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Section: Methodsmentioning

confidence: 99%

Section: Literature Reviewmentioning

confidence: 99%

Section: Literature Reviewmentioning

confidence: 99%

See 1 more Smart Citation

Strategies for Integrating Stakeholders into Sustainability Innovation: A Configurational Perspective

Juntunen¹,

Halme²,

Korsunova³

et al. 2018

J of Product Innov Manag

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Role of traditional Chinese philosophies and new product development under circular economy in private manufacturing enterprise performance

Subramanian

Gunasekaran

et al. 2019

int. j. prod. res.

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The new product development (NPD) process–performance link has been sufficiently studied in academic research. However, recent NPD process is significantly different from the conventional NPD specifically with the inclusion of sustainability considerations under circular economy (CE) context. In theory, NPD with CE considerations (CE-NPD), compared with the conventional NPD, is associated with higher costs and longer development times. This study empirically examines the effect of the CE-NPD process on both time-to-market (TTM) and profit performance in the context of Chinese private enterprises. In addition, the role of traditional Chinese philosophies of Confucianism and Taoism in influencing the CE-NPD process–performance link is also investigated. We find that Confucianism positively moderates the relationship between the CE-NPD process and TTM performance. However, it negatively moderates the CE-NPD-profit link. On the other hand, the moderating effect of Taoism is negative on both the CE-NPD-TTM and CE-NPD-profit links. An interesting finding of this study is that the coexistence of Confucian and Taoist values in NPD workers has the strongest positive impact on the relationship between the CE-NPD process and performance. Our study provides insights on the way in which companies should plan to apply Chinese philosophies during the CE-NPD process to maximise the benefits.

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Sustainable new product development

Cited by 2 publications

References 0 publications

Strategies for Integrating Stakeholders into Sustainability Innovation: A Configurational Perspective

Strategies for Integrating Stakeholders into Sustainability Innovation: A Configurational Perspective

Role of traditional Chinese philosophies and new product development under circular economy in private manufacturing enterprise performance

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