Journal of Product Innovation Management – why innovators use this resource?

What is the Product Innovation Journal?

The Product Innovation Management Journal (JPIM) is a multidisciplinary international journal seeking to improve our theoretical and management understanding of innovation management. JPIM is a peer-reviewed academic journal that publishes research articles and reviews in the field of innovation management, with a specific focus on product development and new product introduction. The journal covers a wide range of topics related to product innovation, including new product development processes, innovation strategy, technology management, product design and development, market research, product launch and commercialization, and intellectual property management.

JPIM is widely considered to be one of the leading academic journals in the field of innovation management and is published by Wiley-Blackwell on behalf of the Product Development and Management Association (PDMA). The journal is aimed at researchers, academics, practitioners, and policymakers who are interested in advancing the theory and practice of product innovation and development.

What is the Product Innovation Journal?

What is the rank of the Journal of Product Innovation Management?

The books are distributed by Wiley-Blackwell Publishing Limited. As of May 2022, the Journal of Product Innovation Management has an average ranking of 688 and was ranked as a Q1 journal in the "Business, Management and Accounting (miscellaneous)" category in the Scopus database. Additionally, the journal has an impact factor of 8.08, as reported in the 2022 Journal Citation Reports.

However, please note that journal rankings and impact factors can vary depending on the source and methodology used, and should not be the only criteria used to evaluate the quality of a journal or its publications.

What is product management innovation?

Product innovation management (PIM) is the process of managing and developing new products or services, or improving existing ones, with the aim of meeting customer needs and creating value for the company. PIM involves a combination of creativity, technology, marketing, and strategic management to bring new products to market successfully.

Product management innovation encompasses the activities involved in developing, launching, and managing innovative products, including idea generation, product design, prototyping, testing, and commercialization. Effective PIM requires a deep understanding of customer needs and market trends, as well as the ability to identify and leverage new technologies and business models.

PIM is a critical function for companies that want to stay competitive in today's fast-changing markets, and it involves a range of different activities, including R&D, marketing, sales, operations, and supply chain management. Effective PIM requires collaboration across different functions, and the ability to adapt to changing market conditions and customer preferences.

Product Innovation Management

What are the 4 elements of the product innovation charter?

Collaboration, innovation, implementation and value-generating are four fundamentals of innovation. Innovative innovation is the process of creating ideas that are implemented and incorporated into an organization.

The Product Innovation Charter (PIC) is a document that outlines the scope, objectives, and guidelines for product innovation initiatives within an organization. It is a critical tool for aligning different stakeholders around a common vision for product development and ensuring that new products are aligned with the company's overall strategy and objectives.

  1. Objectives: This section outlines the goals and objectives of the product innovation initiative, including the expected benefits, target customers, and key success metrics.

  2. Scope: This section defines the scope of the product innovation initiative, including the types of products or services to be developed, the target markets, and the key features and benefits of the products.

  3. Guidelines: This section outlines the guidelines and principles that will guide the product innovation initiative, including the decision-making process, the roles and responsibilities of different stakeholders, and the budget and resource allocation.

  4. Assumptions: This section lists the key assumptions and risks associated with the product innovation initiative, including technical, market, and financial risks, and outlines the contingency plans in case of unexpected challenges or changes in market conditions.

By defining these four key elements in a Product Innovation Charter, companies can ensure that new product development efforts are aligned with their overall strategy and objectives and that resources are focused on the most promising and impactful opportunities.

Product Innovation Charter

Journal Information

The Journal of Product Innovation Management (JPIM) is an interdisciplinary, international journal that seeks to advance our theoretical and managerial knowledge of innovation management and product development. The journal publishes original articles on organizations of all sizes (start-ups, small to medium-sized enterprises, and large corporations) and from the consumer, business-to-business, and policy domains. The journal is receptive to all types of quantitative and qualitative methodologies, as well as conceptual articles. Authors across the world from diverse disciplines and functional perspectives are welcome to submit to the journal.

Title Journal of Product Innovation Management Abbreviation J. Prod. Innov. Manag. Publication Type Journal Subject Area, Categories, Scope Engineering (miscellaneous) (Q1); Management of Technology and Innovation (Q1); Strategy and Management (Q1) h-index 154 Overall Rank/Ranking 688 SCImago Journal Rank (SJR) 2.758 Impact Score 8.08 Publisher Wiley-Blackwell Publishing Ltd Country United Kingdom ISSN 15405885, 07376782

Editors-in-Chief Charles H. Noble, University of Tennessee Jelena Spanjol, Ludwig-Maximilians-Universit├Ąt Munich

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