M.D. Lytras et al. (Eds.): WSKS 2009, CCIS 49, pp. 366–376, 2009.
© Springer-Verlag Berlin Heidelberg 2009
Success Factors in IT-Innovative Product Companies:
A Conceptual Framework
Enric Serradell-López
1
, Ana Isabel Jiménez-Zarco
1
, and Maria Pilar Martínez-Ruiz
2
1
Department of Business Sciences, Open University of Catalonia
eserradell@uoc.edu, ajimenezz@uoc.edu
2
Marketing and Market Research Department, Universidad de Castilla-La Mancha
MariaPilar.Martinez@uclm.es
Abstract. The purpose of this paper is to explore the role that Information
Technologies (ITs) play in product innovation processes, both as an element
that strengthens marketing processes making possible consumer integration
within the innovation framework, as well as the development of the organiza-
tional learning process. There are two main uses of ITs in marketing processes.
First, they increase the likelihood and efficiency of communication and coop-
erative relationships between different agents, both inside and outside the
organization. Second, they manage market data correctly, prioritizing its acqui-
sition, storage and dissemination throughout the company, thereby developing
market intelligence that can be used in the decision-making process.
Keywords: product innovation process, consumer integration, cooperative
relationships.
1 Introduction
In a new era in the business environment, organizations must respond quickly and
efficiently to market fluctuations. In order to increase their productivity and competi-
tiveness in the long term [20], [34] organizations are characterized by: i) the devel-
opment of an organizational culture oriented towards the customer, learning, and
innovation; ii) the intensive use of Information and Communication Technologies
(ITs); iii) the establishment of dynamic and flexible structures; iv) specialization in
core business activities; and v) the integration of different agents in the value chain –
through the creation of multiple, close cooperative relationships [31].
In this new competitive landscape, marketing acquires a special relevance [1]. So,
as a a global and interactive process that extends to all departments and functions in
the company, marketing makes possible: (i) the construction and maintenance of sta-
ble relationships with different agents –both within and outwith the organization [9],
and (ii) the correct management of market information favouring its diffusion and use
in the decision making process [11].
In line with the factors highlighted above, Wei and Morgan [37], recognise product
innovation as being the third key factor for organizational success. The development of
new products allows the company to access new markets, or strengthen their competitive
position in existing ones – with focus on increasing customer satisfaction and loyalty [4].