Breakthrough Product Development: Market Competition and Conceptual Design

Volume I: Market Dynamics and Competitive Strategy
Erscheinungsjahr 2027
ISBN: 978-3-032-40925-6
Verlag: Springer

Buch, Englisch, 400 Seiten, Format (B × H): 155 mm x 235 mm

This volume helps readers understand and navigate market competition in new product development. It explains how breakthrough products can create new markets or reshape existing ones when competition is treated as an integral part of product development rather than an external constraint. A socio-technical perspective traces how developers, products, markets, and customers co-evolve across Early, Mainstream, and Late Markets, showing why development priorities must shift as competition changes. The discussion covers emerging demand, Dominant Designs, Segment Zero, modularization, commoditization, outsourcing, digital transformation, generative AI, and responsible strategy. Written for advanced students, researchers, engineers, product managers, innovation leaders, and technology strategists, the volume offers a framework for interpreting market dynamics, recognizing blue-ocean opportunities, and guiding breakthrough products through changing competitive conditions.

Zielgruppe

Upper undergraduate

Autoren/Hrsg.

Lu, Stephen C.-Y.

Fachgebiete

• Wirtschaftswissenschaften Betriebswirtschaft Management Unternehmensführung
• Technische Wissenschaften Technik Allgemein Konstruktionslehre und -technik
• Technische Wissenschaften Maschinenbau | Werkstoffkunde Produktionstechnik Fertigungstechnik
• Wirtschaftswissenschaften Betriebswirtschaft Bereichsspezifisches Management Produktionsmanagement, Qualitätskontrolle

Inhaltsverzeichnis

Part 1: Socio-technical foundations and the dynamic lifecycle of breakthrough products.- The socio-technical perspective of new product development.- The social fundamentals of breakthrough product development.- The dynamic lifecycle of breakthrough products in an open competitive market.- Part 2: Market dynamics and competitive strategy of breakthrough product development.- Early market: Interim product, emerging demand, and excitement function.- Mainstream market: dominant design, segment zero, and product modularization.- Late market: Technology commoditization, price wars, and outsourcing strategy.- Part 3: Digital transformation and its influence on breakthrough product development.- Digital technologies and the internet in breakthrough product development practice.- Impacts of generative AI and big data on market dynamics and competitive strategy.- Part 4: Future market dynamics and strategy in breakthrough product development.- The changing economics of BPD competition.- Responsible breakthrough product development strategy in AI-enabled ecosystems.

Über Autor(innen)

Professor Stephen C-Y. Lu is the permanent holder of the David Packard Chair in Manufacturing Engineering at the University of Southern California’s Viterbi School of Engineering. He is a full professor of Industrial and Systems Engineering, Aerospace and Mechanical Engineering, and Computer Science. He directs USC’s Master of Science Program in Product Development Engineering, the Viterbi iPodia Program, and the iPodia Global Alliance.

During an academic career spanning more than four decades, Professor Lu has contributed significantly to product development, conceptual design, collaborative engineering, technological innovation, and engineering education. His work combines rigorous engineering science with an understanding of how people, technologies, and markets interact. He has promoted new product development beyond incremental improvement toward breakthrough products, systems, and platforms that create new possibilities for customers, industries, and society.

His research has advanced innovative design thinking, engineering collaboration through negotiation, socio-technical design frameworks, AI-enabled knowledge processing, and methods for managing product-development complexity. He has published more than 350 technical papers, chapters, and books, delivered keynote addresses at international conferences, and held editorial leadership positions, including Editor-in-Chief of the International Journal of Collaborative Engineering.

Professor Lu’s career integrates academic research, industrial practice, and international collaboration. He has held visiting or distinguished professorships at MIT, the Technical University of Berlin, Shanghai Jiao Tong University, the Korea Advanced Institute of Science and Technology, RWTH Aachen University, and other leading institutions. His advisory and consulting experience includes Lockheed Martin, Ford, Daimler-Benz, Digital Equipment Corporation, MAXXIS Tires, and other global industrial organizations. He chaired the Technical Advisory Committee for Lockheed Martin’s SAVE/JAST program, which contributed to the development of the F-22 Raptor fighter aircraft.

Professor Lu is an elected Fellow of CIRP, the International Academy for Production Engineering, and a Senior Fellow of ASME, the American Society of Mechanical Engineers. His honors include the NSF Presidential Young Investigator Award, Alexander von Humboldt Senior U.S. Scientist Award, Fulbright U.S. Scholar Program, IFEES Duncan Fraser Award for Global Excellence in Engineering Education, Microsoft Global Educator Award, and ASEE Chester F. Carlson Award for Innovation in Engineering Education.

Professor Lu is also an internationally recognized innovator in global education. Through his iPodia initiative and its vision of “learning together for a better world,” he created a “classrooms-without-borders” paradigm connecting students across institutions, countries, and cultures through collaborative learning from their home campuses. This glocal approach enables direct cross-cultural engagement, helping students move beyond content-centered instruction and conventional e-learning to gain contextual insights and develop mutual understanding through iLearning.

In Breakthrough Product Development, Professor Lu integrates decades of research, teaching, industrial collaboration, and international experience into a systematic, practice-oriented framework for developing products that create customer value and initiate new market opportunities.