BA 462

Course Code & Number
BA 462
Course Title
New Product Development
Level
BS
Credit Hours/ ECTS Credits
(3+0+0) 3 TEDU Credits, 6 ECTS Credits
Year of Study:
Senior
Semester:
Spring
Type of Course:
Elective
Mode of Delivery:
Face-to-face
Language of Instruction:
English
Pre-requisite / Co-requisite::
Pre-requisites: BA 301
Co-requisites: NONE
Catalog Description
New product development techniques. Concept development and evaluation. New idea generation. Product related decisions: Design, positioning, segmentation, packaging, advertising and branding.
Course Objectives

The main objective of this course is to introduce fundamental concepts related to new product development in the marketing context.

Course Learning Outcomes

Upon succesful completion of this course, a student will be able to
1. Define the basic concepts related to new product development in the field of marketing
2. Recognize the importance of managing innovation, operations management and intellectual property within firms
3. Identify the roles of technology and macro factors in innovation
4. Describe the role of market research in the new product development process
5. Prepare a comprehensive plan for a new product idea
6. Discover the steps of new idea and concept generation

Recommended Reading
1. Robustness Development and Reliability Growth: Value Adding Strategies for New Products and Processes, J. King and W. Jewett, Prentice Hall, 2010. 2. Journal of Product Innovation Management 3. International Journal of Product Development 4. Related journal articles and publications