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Responsible product innovationputtin...

Assimakopoulos, Dimitris G.

Responsible product innovationputting safety first /

Record Type:	Electronic resources : Monograph/item
Title/Author:	Responsible product innovationby Andy Yunlong Zhu, Max von Zedtwitz, Dimitris G. Assimakopoulos.
Reminder of title:	putting safety first /
Author:	Zhu, Andy Yunlong.
other author:	von Zedtwitz, Max.
Published:	Cham :Springer International Publishing :2018.
Description:	xxxi, 150 p. :ill., digital ;24 cm.
Contained By:	Springer eBooks
Subject:	Product safety.
Online resource:	http://dx.doi.org/10.1007/978-3-319-68451-2
ISBN:	9783319684512$q(electronic bk.)

Responsible product innovationputting safety first /
Zhu, Andy Yunlong.

Responsible product innovationputting safety first /[electronic resource] :by Andy Yunlong Zhu, Max von Zedtwitz, Dimitris G. Assimakopoulos. - Cham :Springer International Publishing :2018. - xxxi, 150 p. :ill., digital ;24 cm. - Innovation, technology, and knowledge management,2197-5698. - Innovation, technology, and knowledge management..

This book analyses the relationships among product safety strategy and culture, concurrent engineering, new product development (NPD) processes and product safety performance. Product safety is a matter of enormous economic and societal concern, given the safety risks to consumers and the financial risks to producers. Nevertheless, a thorough conceptual understanding of the effects of NPD policies and practices is still largely missing, as several large-scale trends have made clarifying the role of product safety in its socio-economic context difficult, including: the rise of consumerism and the shift in the balance of power from manufacturers to customers and regulators; the internationalization of value chains and the fragmentation of markets worldwide; and technological change leading to a sophistication of products that rendered average consumers increasingly unaware of risk and potential accidents. This volume sets out to close the gaps among research, practice and policy, with an emphasis on advocating responsible product innovation. Through an in-depth study of the durable juvenile products industry, the authors discover important relationships, for example that top management involvement, safety-first culture and robust NPD processes are paramount in increasing product safety and decreasing product recalls in firms. On the other end of the spectrum, concurrent engineering does not automatically lead to product safety, they found no "magic bullet" through which product safety can be tied to the use of a particular tool, skill, or practice. Offering a dynamic framework for aligning the interests of multiple stakeholders, including manufacturers, regulators, and consumers, the authors provide a clearer understanding of product safety and its implications for scholars, students, policy makers, and practitioners in the areas of innovation management, product management, R&D management, and responsible research and innovation.

ISBN: 9783319684512$q(electronic bk.)

Standard No.: 10.1007/978-3-319-68451-2doiSubjects--Topical Terms:

775505
Product safety.

LC Class. No.: TS175

Dewey Class. No.: 658.56

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520 $a This book analyses the relationships among product safety strategy and culture, concurrent engineering, new product development (NPD) processes and product safety performance. Product safety is a matter of enormous economic and societal concern, given the safety risks to consumers and the financial risks to producers. Nevertheless, a thorough conceptual understanding of the effects of NPD policies and practices is still largely missing, as several large-scale trends have made clarifying the role of product safety in its socio-economic context difficult, including: the rise of consumerism and the shift in the balance of power from manufacturers to customers and regulators; the internationalization of value chains and the fragmentation of markets worldwide; and technological change leading to a sophistication of products that rendered average consumers increasingly unaware of risk and potential accidents. This volume sets out to close the gaps among research, practice and policy, with an emphasis on advocating responsible product innovation. Through an in-depth study of the durable juvenile products industry, the authors discover important relationships, for example that top management involvement, safety-first culture and robust NPD processes are paramount in increasing product safety and decreasing product recalls in firms. On the other end of the spectrum, concurrent engineering does not automatically lead to product safety, they found no "magic bullet" through which product safety can be tied to the use of a particular tool, skill, or practice. Offering a dynamic framework for aligning the interests of multiple stakeholders, including manufacturers, regulators, and consumers, the authors provide a clearer understanding of product safety and its implications for scholars, students, policy makers, and practitioners in the areas of innovation management, product management, R&D management, and responsible research and innovation.
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