Product Innovativeness and Entry Strategy: Impact on Cycle Time and Break‐even Time
研究了小型制造企业的产品创新和进入策略如何影响开发周期和盈亏平衡时间，发现缩短周期能更快实现盈亏平衡，且通过简化技术内容而非牺牲质量来实现。
New product development time, or cycle time, has become a critical competitive variable, particularly for small high‐tech manufacturing firms. The business press is filled with examples about large firms that have successfully reduced cycle time. This article investigates the relative impact of product innovation and entry strategy on cycle time and initial market performance of small firms. Using a sample of seventy‐three small manufacturing firms, Abdul Ali, Robert Krapfel, Jr., and Douglas LaBahn find that faster product development is associated with shorter break‐even time. Their results also indicate that these firms are achieving shorter cycle time not by sacrificing product quality, but by keeping the technical content of the product simple. Past research has not taken into account this relationship, and this may be one of the reasons why researchers have often suggested conflicting impact of entry strategy on market performance.