Abstract
In an industrial company developing consumer products for the global marketplace, it is the management’s task to decide which product ideas shall be selected as a basis for developing new and innovative products. The company management has to allocate resources to a portfolio of product ideas for further development and to reject others. This is a risky task. If resources are allocated to wrong or wicket product ideas there will be no business for the company in the future. Allocating proper resources to the right product ideas is a first step towards a viable business, a task made difficult because many stakeholders, aspects and future events have to be predicted and taken into account.
The aim of our research is to develop a product idea description, which enhances the creation of ideas. Hopefully strong ideas, but at least ideas, which has a rich and sound description, in the sense that it contains characteristics and aspects, which shall be defined and understood for selecting product ideas for further development and for carrying over the vision.
| Original language | English |
|---|---|
| Title of host publication | Engineering design and the global economy : 15th International conference on engineering design |
| Editors | Andrew Samuel, William Lewis |
| Number of pages | 4061 |
| Place of Publication | Barton, ACT, Australia |
| Publisher | Engineers Australia |
| Publication date | 2005 |
| Pages | 182-183 |
| ISBN (Print) | 0-85825-788-2 |
| Publication status | Published - 2005 |
| Event | 15th International Conference on Engineering Design - Melbourne, Australia Duration: 15 Aug 2005 → 18 Aug 2005 Conference number: 15 http://www.designsociety.org/iced05_15th_international_conference_on_engineering_design.event.12.2005-08-15.htm |
Conference
| Conference | 15th International Conference on Engineering Design |
|---|---|
| Number | 15 |
| Country/Territory | Australia |
| City | Melbourne |
| Period | 15/08/2005 → 18/08/2005 |
| Internet address |
| Series | Design Society |
|---|---|
| Number | 35 |
Keywords
- Literature study
- Business opportunity
- Product idea
- Conceptualisation
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