Authors: Belt, Pekka¹; Harkonen, Janne¹; Mottonen, Matti¹; Kropsu-Vehkapera, Hanna¹; Haapasalo, Harri²

Source: International Journal of Innovation and Learning, Volume 7, Number 2, 26 December 2009 , pp. 223-243(21)

Publisher: Inderscience Publishers

Abstract:

Product development decisions are a great management challenge, especially in a turbulent business environment. Management is forced to make decisions before they have essential information on markets and technologies. This study analyses how Information and Communication Technology (ICT) companies cope with the uncertainty and challenges caused by the changing environment, focusing particularly on the role of Verification and Validation (V&V) activities. This article highlights that when properly conducted, V&V can aid in providing required information and help obtain a more profound understanding during the early part of product development. The study covers three company types: companies with their own products, Original Equipment Manufacturers (OEMs) and subcontractors.

Keywords: MANAGEMENT JOURNALS; Entrepreneurship, Innovation and SMEs; EDUCATION, KNOWLEDGE AND LEARNING JOURNALS; Learning and Human Resources Development

Document Type: Research article

DOI: http://dx.doi.org/10.1504/IJIL.2010.030615

Affiliations: 1: Department of Industrial Engineering and Management, University of Oulu, P.O. Box 4610, FI-90014 University of Oulu, Finland. 2: Department of Industrial Engineering and Management, University of Oulu, P.O. Box 4610, FI-90014 University of Oulu, Finland

Publication date: 2009-12-26

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