A Model of the Supplier Involvement in the Product Innovation
Yugoslav journal of operations research, Tome 27 (2017) no. 1, p. 61
Cet article a éte moissonné depuis la source eLibrary of Mathematical Institute of the Serbian Academy of Sciences and Arts
In this paper we examine the product innovation in a supply chain by a supplier
and derive a model for a supplier’s product innovation policy. The product innovation of a
supplier can contribute to the long-term competitiveness for the supply chain, and as it is
for many supply chains a major factor, it should be considered in the development of
strategies for a supplier. Here, we evaluate the effectiveness of supplier product innovation
as a strategic tool to enhance the competitiveness and viability of supply chain. This paper
explores the dynamic research performance of a supplier with endogenous time preference
under a given arrangement of product innovation. We find that the optimal effort level and
the achieved product innovation obey a saddle point path, or show tremendous fluctuations
even without introducing the stochastic nature of product innovative activity. We also find
that the fluctuation frequency is largely dependent both on the supplier’s characteristics
such as supplier’s product innovative ability and on the nature of product innovation
process per se. Short-run analyses are also made on the effect of supply chain cooperation
in the product innovation process.
Classification :
91B42
Keywords: Supplier Performance, Technical Change, Product Innovation
Keywords: Supplier Performance, Technical Change, Product Innovation
@article{YJOR_2017_27_1_a3,
author = {Manoj Kumar and Jyoti Raman and Priya Raman},
title = {A {Model} of the {Supplier} {Involvement} in the {Product} {Innovation}},
journal = {Yugoslav journal of operations research},
pages = {61 },
year = {2017},
volume = {27},
number = {1},
language = {en},
url = {http://geodesic.mathdoc.fr/item/YJOR_2017_27_1_a3/}
}
Manoj Kumar; Jyoti Raman; Priya Raman. A Model of the Supplier Involvement in the Product Innovation. Yugoslav journal of operations research, Tome 27 (2017) no. 1, p. 61 . http://geodesic.mathdoc.fr/item/YJOR_2017_27_1_a3/