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Responsible Product Innovation - Putting Safety First (Hardcover, 1st ed. 2018)
Loot Price: R4,738
Discovery Miles 47 380
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Responsible Product Innovation - Putting Safety First (Hardcover, 1st ed. 2018)
Series: Innovation, Technology, and Knowledge Management
Expected to ship within 12 - 17 working days
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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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