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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Bibliographic Details
Main Author: Takeaki WADA
Format: Article
Language:English
Published: Global Business Research Center 2011-12-01
Series:Annals of Business Administrative Science
Subjects:
Online Access:https://www.jstage.jst.go.jp/article/abas/10/0/10_1/_pdf/-char/en