Description: 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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Title: Responsible Product Innovation : Putting Safety First By Andy Yun
Weight: 559
EAN: 9783319684505
ISBN-10: 9783319684505
Date of Publication: 2017-11
Place of Publication: 2017-11
Book Series: Springer
Genre: BUSINESS & ECONOMICS / Production & Operations Management
Narrative Type: N/A
Features: N/A
Intended Audience: N/A
Ex Libris: No
Editor: N/A
Edition: N/A
Pagination: 184
Dimensions: 921x614
Item Height: 235 mm
Item Width: 155 mm
Series: Innovation, Technology, and Knowledge Management
Author: Andy Yunlong Zhu, Dimitris Assimakopoulos, Max Von Zedtwitz
Publication Name: Responsible Product Innovation: Putting Safety First
Format: Hardcover
Language: English
Publisher: Springer International Publishing A&G
Subject: Engineering & Technology, Management
Publication Year: 2017
Type: Textbook
Item Weight: 4026 g
Number of Pages: 150 Pages