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THEORETICAL FRAMEWORKS SHAPING INNOVATIVE PRODUCT DEVELOPMENT FOR THE REGIONAL IMPROVEMENT: A MULTIDISCIPLINARY PERSPECTIVE

  • University of Latvia

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

2 Citations (Scopus)

Abstract

In the realm of innovative product development, a multidisciplinary and scientifically grounded approach plays a pivotal role in shaping the creation of novel solutions. As society faces complex problems and rapidly evolving needs, understanding the scientific methodologies and theories underpinning innovative product development is crucial. Research aim is to comprehensively analyze and synthesize the diverse theoretical foundations from various scientific disciplines that influence the process of innovative product development. Research methods include literature review, content analysis, and expert interviews were employed to identify and categorize relevant theoretical frameworks from various disciplines. The studyʼs key findings emphasize the importance of a multidisciplinary approach in innovative product development. The study highlights the roles of creativity, economics, and psychology in product development, stressing the need to weave diverse scientific theories into a systematic approach for user-centric solutions. The study highlights the integrative nature of innovation by elucidating the diverse theoretical foundations underpinning product development, enhancing understanding of how various scientific theories converge to drive innovation systematically. The findings underscore the importance of a multidisciplinary approach in guiding real-world product development, offering practical insights for innovators, educators, and professionals seeking to optimize the innovation process and create user-centric solutions.

Original languageEnglish
Title of host publicationResearch for Rural Development - Annual 30th International Scientific Conference Proceedings
EditorsNatalija Sergejeva
Pages108-114
Number of pages7
Volume39
DOIs
Publication statusPublished - 2024

Publication series

NameResearch for Rural Development
Volume39
ISSN (Print)1691-4031
ISSN (Electronic)2255-923X

Keywords

  • Innovative Product Development: Multidisciplinary Approaches

OECD Field of Science

  • 5.2 Economics and Business

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