Interfunctional trust as a determining factor of a new product performance
Purpose - The purpose of the present study is to analyze the role the existing trust between marketing and R&D plays on a new product development performance. As trust determining factors four key variables of relationship marketing have been considered: satisfaction, cooperation, communication...
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Veröffentlicht in: | European journal of marketing 2007-06, Vol.41 (5/6), p.678-702 |
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Format: | Artikel |
Sprache: | eng |
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Zusammenfassung: | Purpose - The purpose of the present study is to analyze the role the existing trust between marketing and R&D plays on a new product development performance. As trust determining factors four key variables of relationship marketing have been considered: satisfaction, cooperation, communication and conflict.Design methodology approach - The R&D directors of 178 Spanish innovative firms were surveyed. A sample of 345 products (177 successes and 168 failures) were obtained. To estimate the model proposed a structural equation analysis was used.Findings - The success of an innovation is especially favored by the existence of affective bonds among the participants. In this respect, the existing trust between marketing and R&D, directly, and the satisfaction of the areas with the relationship, indirectly through the former, are essential determinants of a new product performance.Originality value - The novelty of the research lies in the use of relationship marketing approach to investigate intra-functional relationships and their influence on a new product performance. |
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ISSN: | 0309-0566 1758-7123 |
DOI: | 10.1108/03090560710737688 |