Product Development and Competitiveness

Keywords

R&D productivity, development performance, competitive advantage

Abstract

The slowdown in productivity growth and the increase in international competition among technology-intensive industries has motivated a number of studies of R&D, innovation, and productivity in recent years. This work has been concerned with the interaction between innovation and market structure and the changes in the impact of R&D expenditures on overall productivity.’ However, relatively few empirical studies have examined the performance of the R&D process itself. Because of the difficulty of measuring the output of R&D, especially from publicly available data, most of the empirical work on R&D has focused on R&D expenditures or observable indicators of research output like patients or citations in the scientific literature. Further, while development of new products and processes accounts for the bulk of R&D expenditures, development performance has received little empirical attention. This is also true in studies of innovation and market structure.

Original Publication Citation

"""Product Development and Competitiveness"" (1992). Journal of the Japanese and International Economies, 6, 101-143. (With T. Fujimoto)"

Document Type

Peer-Reviewed Article

Publication Date

1992

Publisher

Journal of the Japanese and International Economies

Language

English

College

Marriott School of Business

Department

Marketing

University Standing at Time of Publication

Full Professor

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