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Determinants of Internal and External Innovation: A Comparative Study on NPD Projects Selection
Uppsala University, Disciplinary Domain of Humanities and Social Sciences, Faculty of Social Sciences, Department of Business Studies.
Uppsala University, Disciplinary Domain of Humanities and Social Sciences, Faculty of Social Sciences, Department of Business Studies.
2019 (English)Independent thesis Advanced level (degree of Master (Two Years)), 20 credits / 30 HE creditsStudent thesis
Abstract [en]

A growing body of research is drawing attention to the importance of open innovation and the reasons firms should progressively switch to this paradigm. However, there is still some reluctance to embrace such approach to innovation. This study investigates the main factors impacting the selection of internal and external new product development in a US multinational company belonging to the semiconductor industry. The main factor found to impact the choice of internal and external innovation is the degree of radicalness of NPD projects. Hence, this is used as additional variable to the internal and external nature of projects to build a matrix, capable of describing the main factors managers take into account when deciding on the projects to undertake. Combining the internal or external and incremental or radical nature of NPD projects, for each category, it was possible to highlight the main dimensions determining the projects selection, namely the expected output and profitability, the purpose of the NPD process, the attention received by managers and the risk involved.

Place, publisher, year, edition, pages
2019. , p. 69
Keywords [en]
Innovation Management, Internal and External Innovation, Incremental and Radical Innovation, NPD Project Selection
National Category
Business Administration
Identifiers
URN: urn:nbn:se:uu:diva-388781OAI: oai:DiVA.org:uu-388781DiVA, id: diva2:1335241
Subject / course
Business Studies
Educational program
Master Programme in Business and Management
Supervisors
Examiners
Available from: 2019-07-05 Created: 2019-07-04 Last updated: 2019-07-05Bibliographically approved

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CiteExportLink to record
Permanent link

Direct link
Cite
Citation style
  • apa
  • ieee
  • modern-language-association-8th-edition
  • vancouver
  • Other style
More styles
Language
  • de-DE
  • en-GB
  • en-US
  • fi-FI
  • nn-NO
  • nn-NB
  • sv-SE
  • Other locale
More languages
Output format
  • html
  • text
  • asciidoc
  • rtf