Antecedents and consequence of Korean and Japanese new product advantage

Cheryl Nakata, Subin Im, Heungsoo Park, Young Won Ha

Research output: Contribution to journalArticle

44 Citations (Scopus)

Abstract

From plasma flat-screen TVs to hybrid gas-electric cars, a wide range of new products are being introduced by South Korean and Japanese companies to eager buyers around the world. These new products are often perceived as more innovative, unique, and satisfying compared to competitive offerings, i.e. as advantageous. To understand how Korean and Japanese firms are injecting advantage into new products, and whether this quality leads to higher product performance, we conducted a survey of nearly 260 innovation managers in the two countries. Customer orientation, cross-functional integration, and new product team proficiency were identified as antecedents of, or contributors to, new product advantage, though the effects were not uniform across Korea and Japan. Importantly as well, higher new product performance was a significant consequence of new product advantage in both countries.

Original languageEnglish
Pages (from-to)28-36
Number of pages9
JournalJournal of Business Research
Volume59
Issue number1
DOIs
Publication statusPublished - 2006 Jan 1

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All Science Journal Classification (ASJC) codes

  • Marketing

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