Today’s highly competitive business world has made the business success of a firm based on its ability to anticipate market opportunities and to capture these opportunities through organizational resources. Presenting successful new products is a way through which organizations could achieve to a favorable market position. The objective of this study is to determine factors impacting new product success. Data were collected from 118 respondents who were working as managers and staffs in marketing, sale and R&D departments of food manufacturers in Isfahan, Iran selected by random sampling method. Structural Equation Model was used to test four proposed hypotheses. Statistical results demonstrated and confirmed the positive impact of innovation, customer orientation, R&D marketing cooperation and competitor orientation on new product success.
Atuahene-Gima, K. and Evangelista, F. (2000), "Cross-functional influence in new product development: an exploratory study of marketing and R&D perspectives", Management Science, 46 (10), 1269-84.
Baker, W.D. and Sinkula, J.M. (2005), "Market orientation and the new product paradox", Journal of Product Innovation Management, 22, 483-502.
Baker, W.E. and Sinkula, J.M. (2007), "Does market orientation facilitate balanced innovation programs? An organizational learning perspective", Journal of Product Innovation Management, 24 (4), 316-34.
Barczak, G and Kahn, K. B, (2012), "Identifying new product development best practice", Business Horizons, 55, 293-305.
Becker, M.C. and Lillemark, M. (2006), "Marketing/R&D integration in the pharmaceutical
Industry", Research Policy, 35 (1), 105-20.
Calantone, R.J., Chan, K. and Cui, A.S. (2006), "Decomposing product innovativeness and its
effects on new product success", Journal of Product Innovation Management, 23 (5), 408-21.
Carbonell, P. and Rodriguez, A.I. (2006), "The impact of market characteristics and innovation speed on perceptions of positional advantage and new product performance", International Journal of Research in Marketing, 23 (1), 1-12.
Carbonell, P and Rodriguez, A, (2010), "The effect of market orientation on innovation speed and new product performance", Journal of Business & Industrial Marketing, 25 (7), 501–513.
Carson, P.P. and Carson, K.D. (2003), "An exploration of the importance of history to managers: the meaningful, manipulative, and memorable uses of milestones", Organizational Dynamics, 32 (3), 286-308.
Chang, H.C. and Horng, D.J. (2010), "The high-quality low-price strategy in penetrating emerging market: a case of Nokia’s business strategy in China", The Journal of International Management Studies, 5 (2), 37-43.
Chen, J., Reilly, R.R. and Lynn, G.S. (2005), "The impacts of speed to market on new product success: the moderating effects of uncertainty", IEEE Transactions on Engineering Management, 52 (2), 199-212.
Davis, P.S., Babakus, E., Englis, P.D. and Pett, T. (2010), "The influence of CEO gender on market orientation and performance in service small and medium-sized service businesses", Journal of Small Business Management, 48 (4), 475-96.
Gupta, A.K., Raj, S.P. and Wilemon, D. (1986), "A model for studying R&D marketing interface in the product innovation process", Journal of Marketing, 50 (2), 7-17.
Kahn, K.B. (2001), "Market orientation, interdepartmental integration and product development
Performance", Journal of Product Innovation Management, 18 (5), 314-23.
Kandemir, D, Calantone, R and Garcia, R. (2006). "An exploration of organizational factors in new product development success", Journal of Business & Industrial Marketing, 21(5), 300–310.
Kohli, A.K. and Jaworski, B.J. (1990), "Market orientation: the construct, research propositions, and managerial implications", Journal of Marketing, 54 (2), 1-18.
Kotler, P., Ang, S.H., Leong, S.M. and Tan, C.T. (1999), Marketing Management: An Asian Perspective, Prentice Hall, Singapore.
Kotler, P., Adam, S., Brown, L. and Armstrong, G. (2006), Principles of Marketing, Pearson (Prentice Hall), Frenchs Forest.
Li, D., Chau, P.Y.K. and Lai, F. (2010), "Market orientation, ownership type, and e-business assimilation: evidence from Chinese firms", Decision Sciences, 41 (1), 115-45.
Luca, L.M.D., Verona, G. and Vicari, S. (2010), "Market orientation and R&D effectiveness in high-technology firms: an empirical investigation in the biotechnology industry", Journal of Product Innovation Management, 27 (3), 299-320.
Millson, M.R. and Wilemon, D. (2006), "Driving new product success in the electrical equipment manufacturing industry", Technovation, 26 (11), 1268-86.
Narver, J.C. and Slater, S.F. (1990), "The effect of a market orientation on business profitability", Journal of Marketing, 54, 20-35.
Rodr. ´guez, N.G., Pe ´rez, M.J.S. and Gutie ´rrez, J.A.T. (2008), "Can a good organizational climate compensate for a lack of top management commitment to new product development?", Journal of Business Research, 61 (2), 118-31.
Sethi, R., Smith, D.C. and Park, C.W. (2001), "Cross-functional product development teams, creativity, and the innovativeness of new consumer products", Journal of Marketing Research, 38 (1), 73-85.
Shaw, C.T., Shaw, V. and Enke, M. (2004), "Relationships between engineers and marketers within new product development: an Anglo-German comparison", European Journal of Marketing, 38 (5/6), 694-719.
Sherman, J.D., Berkowitz, D. and Souder, W.E. (2005), "New product development performance and the interaction of cross-functional integration and knowledge management", Journal of Product Innovation Management, 22 (5), 399-411.
Shi, Y.J. and Zhu, S. (2010), "Shanzhai manufacturing – an alternative innovation phenomenon in China: its value chain and implications for Chinese science and technology policies", Journal of Science and Technology Policy in China, 1 (1), 29-49.
Slater, S.F. and Narver, J.C. (1994), "Does competitive environment moderate the market orientation-performance relationship?", Journal of Marketing, 58 (1), 46-55.
Slotegraaf, R. J and Atuahene-Gima, K. (2011), " Product Development Team Stability and New Product Advantage: The Role of Decision-Making Processes", Journal of Marketing, 75, 96 –108.
Song, X.M. and Parry, M. (1997), "The determinants of Japanese new product success", Journal of Marketing Research, 34 (1), 64-76.
Szymanski, D.M., Kroff, M.W. and Troy, L.C. (2007), "Innovativeness and new product success:
insights from the cumulative evidence", Journal of the Academy of Marketing Science, 35 (1), 35-52.
Wong, S. K. S, (2012), "The influences of entrepreneurial orientation on product advantage and new product success", Journal of Chinese Entrepreneurship, 4 (3), 243-262.
Wong, S. K. S and Tong, C, (2012), "The influence of market orientation on new product success", European Journal of Innovation Management, 15 (1), 99-121.
Copyright: © 2013 The Author(s)
Published by Human Resource Management Academic Research Society (www.hrmars.com)
This article is published under the Creative Commons Attribution (CC BY 4.0) license. Anyone may reproduce, distribute, translate and create derivative works of this article (for both commercial and non-commercial purposes), subject to full attribution to the original publication and authors. The full terms of this license may be seen at: http://creativecommons.org/licences/by/4.0/legalcode