Exploitation Reduces Novelty
Firms accumulate knowledge through product development activities such as efficient product design, various experimental data, and know-how of project management. By exploiting this knowledge, firms are able to improve product quality, reduce cost, and shorten the development lead time. The more fir...
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Format: | Article |
Language: | English |
Published: |
Global Business Research Center
2011-12-01
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Series: | Annals of Business Administrative Science |
Subjects: | |
Online Access: | https://www.jstage.jst.go.jp/article/abas/10/0/10_1/_pdf/-char/en |