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Difference between product development and new product development?
Wiki User
∙ 11y ago
The former is an old process whilst the latter is a new one.
Wiki User
∙ 11y ago
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What is the difference between process and product patent?
PROCESS PATENT: It is granted for a new process of manufacturing an already known product or for manufacturing a new product, or for manufacturing more articles of the same product that is reducing the cost of the already known product. PRODUCT PATENT: It is granted when a new product has been invented by the person. The product so invented may either be e more or less useful product than an already known product , or a new product altogether.
What is the difference between inventing something and discovering something?
Inventing something means coming up with a new idea or product. Discovering something means finding something that was already in existence.
What are the differences between old and new irrigation methods?
t are the difference between old and new irrigation method
Difference between product design and product development?
In today's business environment the term Product Design and Product Development are interchangeable; they mean the same thing. Recently corporations have blurred the lines of when Design stops and Development begins as more companies adopt new and current processes. Some might say that Design is the front end or the conceptual phase where as Development is the back end, the engineering and manufacturing efforts. That school of thought has become outdated and is simply not true anymore. There is a big push going on which link divisions like Industrial Design, Engineering, Manufacturing, Sales, and Marketing into the development process from the first stage gate to work the problem through to product launch. All key stakeholder have a buy in, all have an influence. The difference in Design phases and Development phases has been eradicated and groups don't throw projects "over the wall" to each other anymore. Today, smart companies are using the groups "Design" effort as the Development process. Part of this Design process is to uncover the features the product should have in order for the product to be successful in the market. If you are experiencing a product that you feel has too many features or is not easy to use, then perhaps you were not the target user and mislead into thinking the product was something you would find useful. On the other hand, perhaps the company gave up trying to figure out what features users really wanted and made the product do everything. In this case then yes, the company took a shortcut. Companies often let the obscurity of what users want in a product just that, an obscurity. Instead of spend the time and money figuring the problem out they deal with the problem by producing something that does everything and nothing well. Companies like this confuse themselves and their customers. They demonstrate their inability to think differently and plan ahead, really becoming inefficient in the end. What product in particular are you having a poor experience with?
Difference between product development and product re-engineering?
Probably a rather philosophical question, but if you want to make a quote it is the difference between an architect and a construction worker. Engineers design a framework and decide how the building works in its entirety and how it interconnects with the outside world and programmers execute the master plan, putting up the walls and installing the plumbing and electricity.
Relationship between product life cycle and new product development process?
New product development and product life cycle are intricately linked, because most times companies and organizations embark of the development of a new product based on the application of the principles of the product life cycle. The product life cycle is a business principle that delineates the four stages that a new product goes through. These stages include the initial stage or introduction phase, followed by a phase of growth and then a subsequent phase of maturity on the market. The last stage of decline is the part that necessitates the development of a new product in order to replace the one that has worn out its market value. The link between new product development and product life cycle can be viewed from angle of the necessity of replacing a product that has reached the end of its product life cycle with a new product. This process of replacing the old product might simply require the application of a completely new product, or it might merely require an upgrade of the old product. Deciding on the exact approach depends on the recommendations of the new product development manager in consonance with the management of the company.
How do technology affect new product development?
Technology affects new product development in positive ways. This is because as new technology emerges, more products are developed for use.
What are the Disadvantages of product development?
The disadvantage of product development is that it can get costly because resources are required by the Research and Development department of the business; a lot of experiments and tests are also performed.Secondly, product development involves a risk of whether the consumers will like the new features that have been developed/added to the new/existing product.
What is meant by market-led product-led new product development?
what is meant by product led and market led new product developmrnt approaches?
What is Operation strategy about new product development?
dno
What has the author Tom Skinner written?
Tom. Skinner has written: 'Parallels between company development and design & product development' -- subject(s): New products, Organizational change
What is typically involved in new product development?
There are two main components of bringing a new product into development. The first is generating an idea, detail engineering and the product design. The second is market research and analysis.
What is the process of a new product development about?
There are a number of things a firm has to keep in mind when any new product development process has been started. If you have a proper plan and information about that particular project then you can clarify your stages of new product development. There are 10 main stages of new product development (NPD): - Idea Generation Idea screening Concept Testing Product Prototype External Refinement and Testing (Beta Test) Perfect the Design and Prepare for Production Prepare for Potential Issues and Solutions Commercialization Post Launch Activities Review the Performance of New Product
What is service product development?
It is the development of new or existing services. Services are in fact products. Goods and services are two types of product.
New product development objectives?
New product development objectives for a new product would include: * Schedule of release * Safety and testing guidelines * List of features * Features for future release * Upgrade path * Financial and Budgetary objectives New product development objectives for an existing product would include: * Making the product better or safer * Making the product cheaper for the end-user * Making the product easier to sell * Upgrading the product to be state-of the-art * Adding more features to the product
What is the difference between contract and project?
A project is a temporary activity that ends with a new product being produced. A contract is temporary but a product doesn't have to be produced in contracts.
What are the main things to be careful of during the development process of a new product?
During the development process of a new product, it is important to keep the end result in mind. The main thing to be careful of is making a product that the customer does not desire.
