Future Studies and new Product Development: Scenario and the Fuzzy Front end

Runólfur S Steinþórsson, Karl Friðriksson

Research output: Chapter in Book/Report/Conference proceedingConference contributionpeer-review

Abstract

This paper contains reflections on connecting two disciplines, Future Studies and New Product Development. Of the tools and methods that belong to Future Studies, the focus is on Scenario Planning, while within New Product Development, it is the Fuzzy Front End phase of the development process that is highlighted. The paper investigates the literature from these two disciplines with regard to overlapping of useful tools and practices for better performance, i.e. reducing the risk of an unexpected future. It considers possible gaps or lack of interaction between the two disciplines. There is limited research on the benefit of different tools and approaches in the area of Future Studies in connection with performance and effective use in the New Product Development processes. Overall, there is a need to research the commonality of these fields with the objective of improving the innovation and performance of companies. It is also important for these two platforms to foster synergy, thereby increasing knowledge and improving effective management practices.
Original languageEnglish
Title of host publicationEuropean Conference on Innovation and Entrepreneurship
PublisherAcademic Conferences International Limited
Pages190
Publication statusPublished - 2014

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