Table 1

Activities of NPD processes

NPD processActivities
DiscoveryIdentify market opportunities, collect and analyze customer requirements, generate product or service ideas, test product concepts with customers and develop a clear description of the selected product requirements
DevelopmentTranslate the product requirements into a final design, test the product and create a concrete product ready for commercialization
CommercializationFormulate, execute and synchronize the launch of the product, production ramp up, train the distribution and sales forces, purchase media time and space, and develop media messages

Source(s): Adapted from Durmuşoğlu and Barczak (2011) 

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