The Role of Internal and External Sources of Knowledge in the Product Lifecycle in Biotechnology Sector - Product Lifecycle Management: Towards Knowledge-Rich Enterprises
Conference Papers Year : 2012

The Role of Internal and External Sources of Knowledge in the Product Lifecycle in Biotechnology Sector

Abstract

In today’s highly competitive environment, addressing product management throughout its lifecycle in a more comprehensive way has become a necessity. A lot of attention has been paid to the decisions taken within the early stages of product development, which can have a great effect on the entire product life. Knowledge provides a firm with valuable and unique capabilities essential for the successful product development during its early stages. Therefore, a firm must understand how to manipulate its various knowledge sources to enhance its own performance. This article examines the dynamic behavior of the interactions and feedback mechanisms between different sources of knowledge. Using System Dynamics simulation we identify the impacts of a firm’s innovation policy on its innovative performance later in the lifecycle, and find that, in general, focusing on the exploitation of external knowledge sources is a suitable strategy, but various internal factors should be considered as well.
Fichier principal
Vignette du fichier
978-3-642-35758-9_5_Chapter.pdf (255.66 Ko) Télécharger le fichier
Origin Files produced by the author(s)
Loading...

Dates and versions

hal-01526129 , version 1 (22-05-2017)

Licence

Identifiers

Cite

Elham Tayaran, Andrea Schiffauerova. The Role of Internal and External Sources of Knowledge in the Product Lifecycle in Biotechnology Sector. 9th International Conference on Product Lifecycle Management (PLM), Jul 2012, Montreal, QC, Canada. pp.46-57, ⟨10.1007/978-3-642-35758-9_5⟩. ⟨hal-01526129⟩
125 View
461 Download

Altmetric

Share

More