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Professional paper

https://doi.org/10.17559/TV-20150807185156

NPD in small manufacturing enterprises in Serbia

Miloš Vorkapić orcid id orcid.org/0000-0002-3463-8665 ; University of Belgrade, Institute of Chemistry, Technology and Metallurgy (ICTM) - Center of Microelectronic Technologies Njegoševa 12, 11000 Belgrade, Serbia
Filip Radovanović orcid id orcid.org/0000-0001-6425-4710 ; University of Belgrade, Institute of Chemistry, Technology and Metallurgy (ICTM) - Center of Microelectronic Technologies Njegoševa 12, 11000 Belgrade, Serbia
Dragan Ćoćkalo orcid id orcid.org/0000-0003-2085-5420 ; University of Novi Sad, Technical faculty "Mihajlo Pupin", Đure Đakovića bb, 23000 Zrenjanin, Serbia
Dejan Đorđević ; University of Novi Sad, Technical faculty "Mihajlo Pupin", Đure Đakovića bb, 23000 Zrenjanin, Serbia


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Abstract

New product development in small manufacturing enterprises on the territory of Serbia was investigated on a representative sample of micro and small enterprises covering a broad range of businesses. It was found that market pull was the prevalent strategy for new product development, which was characterized by close collaboration with customers from the idea to the final product including the R&D activities. Besides customers, the main sources of ideas were competitors and trade fairs or exhibitions. The marketing activities associated with new product introduction were quite limited. These findings were compared with new product development practices in neighboring countries. Based on our findings we propose two measures to improve new product development in small manufacturing enterprises in Serbia: establish a closer cooperation with external knowledge centers (universities, research institutes, innovation centers) and set up innovation networks with complementary partners by actively using the open innovation concept.

Keywords

idea sources; micro and small enterprises; new product development; open innovation

Hrčak ID:

174741

URI

https://hrcak.srce.hr/174741

Publication date:

10.2.2017.

Article data in other languages: croatian

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