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Concept information

Preferred term

new product development  

Definition(s)

  • The practice of product development is focused on the development of new engineered, manufactured products. Here, reducing both the product development interval and production cost while increasing product functionality and sustainability is a critical concern of managers. [Source: The SAGE Encyclopedia of Action Research; New Product Development]

Belongs to group

URI

http://data.loterre.fr/ark:/67375/N9J-L0MHHF8M-J

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